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Monday, May 20, 2024

"Mortgage Rates Close Enough to Unchanged Over The Weekend"

by Calculated Risk on 5/20/2024 08:05:00 PM

Mortgage Rates From Matthew Graham at Mortgage News Daily: Mortgage Rates Close Enough to Unchanged Over The Weekend

Technically, today's average mortgage rates are higher for a third straight business day, but most prospective borrowers won't even notice. For many lenders, the changes are so small that the average borrower won't see any change from scenarios quoted on Friday afternoon. In cases where there is a difference, that difference would be very small. [30 year fixed 7.10%]
emphasis added
• No major economic releases scheduled.