DAILY MORTGAGE RATE UPDATE 07-19-18

Mortgage Rates continue to be trapped in a sideways pattern with no clear signs of a push higher.

Freddie Mac reports that home loan rates were essentially unchanged in the latest week and remain at historically attractive levels.

I will continue to recommend locking in the short-term, 30-days or less until closing. Longer-term, floating is prudent.

The beginning is always today.

-Mary Wollstonecraft Shelly

 

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