Mortgage Rates Highest in 6 Months
Refinance Activity Will Slow
Mortgage News Daily reports that the most prevalent 30 year fixed rate is now at 3.17% for top tier scenarios. However, with the ten year yield over 1.6%, and based on an historical relationship, 30-year rates should currently be around 3.4% - so mortgage rates might move a little higher.
On Friday, Matthew Graham at Mortgage News Daily wrote: Highest Ra…
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