Markets bounced around this week due to mixed headlines but will end the week right about where we were last Friday at 6.125% for our very best 30-year fixed conventional scenario.
It was a busy week for mortgage markets. Continued concerns over the Middle East on top of the FED moving to a more neutral position moved mortgages up a bit. We will end the week at 6.125% for our very best 30-year fixed scenario.
After declining for several weeks in a row, mortgage rates ended their improvement streak, moving back up just slightly, enough to put us back to 6.00% for our very best 30-year fixed Conventional scenario.
The positive rate movement continued this week as we are now back into the pre-war rate range. We will end the week back down to 5.875% for our best 30-year fixed conventional scenario.
It was a better week for mortgage rates. As expected, after the announcement of a temporary ceasefire in the Middle East, mortgage rates improved, coming back down to 6.00% for our best 30-year fixed conventional scenario.
It was a better week for mortgage rates as we improved a bit back to 6.25% for our best 30-year fixed conventional scenario. All four full days of trading this week were positive for mortgage rates as markets responded early in the week to news of a potential de-escalation in the Iran war.
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