DAILY MORTGAGE RATE UPDATE 09-12-18

Mortgage Rates begin the day near unchanged stuck in the sideways to lower pattern for several weeks.

Lower wholesale inflation numbers couldn’t spark a rally in the market. Tomorrow, the more closely watched CPI will be released that will show consumer inflation.

Mortgage rates edged higher in the latest week though they remain historically attractive.

I am recommending locking in the short-term, 30 days or less until closing, while floating all others.

In every job that must be done there is an element of fun.

-Mary Poppins

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