Mortgage rates rose moderately today, as bond markets generally bounced back from the best levels in 8 months yesterday. Despite the bounce, rates are still in line with their best levels of the year. Only a handful of days have been any better and most of them have been in the past 2 weeks. We expected to see more volatility this week , for better or worse, and so far we've seen both. But while day-to-day movement has been bigger, it hasn't been quite big enough for many lenders to change actual "note rate" quotes--just the upfront costs associated with any given rate. In other words, many bo...
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