After rates hit their lowest point since November of 2022 at 5.5% last Friday, this week reminded us how quickly world events can shift markets and investor sentiment. Rates moved up dramatically this week, all the way back to 5.875% for our best 30-year fixed conventional scenario.
Another small improvement this week for mortgage rates as we have now moved to the lowest levels since September of 2022, now down to 5.5% for our best 30-year fixed conventional scenario.
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