Mortgage Rates Dipped Last Week (But That Is Over For Now)

Freddie Mac’s Weekly Survey was released this morning with its most recent assessment of the mortgage rate landscape. See the details of their survey below.

Mortgage rates dipped last week as expected when long bond rates lowered, but that was short-lived. Long bond rates have risen substantially today, which suggests mortgage rates will be higher in coming days.

(dynamic chart with current info)