Mortgage Rates Slightly Higher Today, But Sharply Lower This Week
After dropping sharply over the past 5 days, mortgage rates finally reminded us that they’re still capable of moving higher. Thankfully, today’s bump was modest in the recent context, only adding 0.04% to a 30yr fixed that had fallen 0.27% since October 7th. Even though today’s losses were minimal, they’re potentially informative. Much of this…