Thursday, February 21, 2013
Subject : Daily Rate Update: Mortgage Rates Bounce Back Moderately from Recent Highs
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Feb 21, 2013 4:09PM
Mortgage rates fell slightly today, pulling back in line with recent offerings after rising to their highest levels in 7 months yesterday. Today's improvements can be traced partly to overnight market movements in Europe. This helped US trading begin the day in a positive tone for rates markets and the morning's economic reports generally continued in that vein. Trading levels in the secondary mortgage market remained steady most of the day and despite a few lenders raising costs slightly at the...
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