DAILY MORTGAGE RATE UPDATE 05-22-18

Mortgage Rates continue to trade just above seven-year lows weighed down today rising Stocks and added supply.

There were no economic reports due for release today.

With Mortgage Bonds at bargain basement levels and home loan rates trying to stabilize, floating is recommended.

 

“Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.” 

– Franklin D. Roosevelt

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