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Mortgage Rates Catch a Break After Last Week's Rout

(Mortgage News Daily) - 7 months, 3 weeks ago
 Posted To: Mortgage Rate WatchMortgage rates had a bad week last week, quickly rising to the highest levels in months. To make matters more frustrating, there weren't any clearly-delineated reasons for the rate spike. Making sense of the movement required a dive into the esoteric conversation about the year-end bond trading environment. That esoteric conversation is still the only way to make sense of today's movement, but this time around, the move is in our favor. What had been an ab...
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