Tuesday, December 11, 2012
Subject : Daily Rate Update: Mortgage Rates Unchanged to Slightly Higher Before Fed Announcement
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Dec 11, 2012 2:00PM
Mortgage rates are little changed from Monday. Some lenders' rate sheets are slightly improved versus yesterday's, but a majority offered just slightly weaker rates. Today's political and economic events in the US were of little consequence to bond markets, including the secondary mortgage market. Instead, interest rates were broadly higher right out of the gate due to overnight pressure from positive developments in Europe. That said, and to reiterate, the overall movement was quite small and markets...
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