DAILY MORTGAGE RATE UPDATE 07-11-18

Despite losses in Stocks to start the day, Rates are flat due to hotter-than-expected wholesale inflation.

The Mortgage Bankers Association reports that home loan rates edged lower in the latest week and remain historically attractive.

I am recommending locking in the short-term, 30-days or less until closing. Longer-term, you can try to float.

Without hard work and discipline it is difficult to be a top professional.

-Jahangir Khan

 

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