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.
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.
.png)
-min_edited.jpg)