After hitting a two year high last week, mortgage rates took a needed dip this week in Freddie Mac’s Weekly Survey with 30 year fixed rate loans coming in at 4.37% (down 14 basis points on the week.) The 15 year fixed-rate was at 3.41%. Day to day rates remained volatile this week, but are in a tighter range as bond markets are trying to get clarity about what the Federal Reserve will do with tapering it’s bond purchases.
Note: Chart above is dynamic and reflects current survey, updated weekly.
For TODAYS’s mortgage rates, see below or more lenders at http://moneycafe.com/personal-finance/mortgage-rates/.