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Mortgage Rates Highest in More Than 3 Weeks

(Mortgage News Daily) - 1 weeks, 2 days ago
 Posted To: Mortgage Rate WatchMortgage rates continued higher to start the week, following a relatively sharp increase on Friday. Interestingly enough, the underlying bond market was stable today. In other words, it didn't suggest higher rates. But the issue is that mortgage lenders adjust their rate sheets only a few times on the most volatile days. Many of them didn't get around to it on Friday afternoon. Those who did were greeted with another hour of bond market weakness before the...
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