Mortgage rates began the new week at almost exactly the same levels seen at the end of last week. There were no major events or economic reports to cause volatility in the underlying bond market, but bonds were able to improve modestly by the end of the day. In general, bond market improvement leads to lower rates. The catch, in this case, is the improvement was fairly small and that it was offset to some extent by modest weakness earlier in the day. Even so, a handful of lenders offered mid-day improvements. Other lenders will technically be more likely to improve tom...
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