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November Was a Great Month For Mortgage Rates

Mortgage rates may have ebbed slightly higher today, but that only erased a fraction of the improvement seen over the past 2 days.  Combined with the even stronger showing 2 weeks ago, this makes November the best month of 2018 in terms of mortgage rate improvement. 

All of the good times come with a price, however, as the first few days of the month saw rates move to their highest levels in more than 7 years.  Nonetheless, anyone in the market to buy or refi has seen a meaningful improvement over the past 3 weeks. 

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