Mortgage Rates Barely Budge. We’ll Take It!

The first 2 days of the week marked the best 48 hour stint for mortgage rates since March 2020, and one of the best on record. Such victories require a rarely seen combination of factors, but at least one ingredient is the nearby presence of equally big moves in the other direction. Yesterday filled that role with rates jumping higher at the fastest pace of the year, more than fully erasing Tuesday's portion of the gains. Continue this read in the above PDF.