Mortgage Rates Begin The Week In Slightly Better Territory

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For the first time since January 2018, the 30-year fixed-rate mortgage dropped below 4% this week.

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Mortgage rates on Monday remained unchanged to slightly improved depending on the lender. That’s a better way to start the week, given that there was upward movement at the end last week. A move into recovery mode would be helpful for many borrowers, but given recent potential for volatility, holding steady isn’t bad at all.

Monday's bond market has opened in positive territory, starting the week with an. which with gains late Friday should improve this morning's mortgage rates by. indicating that the manufacturing sector strengthened slightly during the month.

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Mortgage rates rose to the week’s highest levels yesterday, but they moved back down today. Although there have been slightly better days over the past 2.

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U.S. mortgage rates were essentially unchanged this week, according to Freddie Mac. The 30-year fixed mortgage averaged 3.93 percent for the week ending Aug. 3, up slightly from 3.92 percent the.

Led by strength in the US housing sector, it was another record week for US equities as the S&P 500, Nasdaq, and Dow each climbed to new record highs. homebuilders jumped nearly 4% on the week.

Rates fell this week, but are likely to go higher this year. Rates for home loans skidded in the first week of the year, the first week to notch a decrease since the November election, mortgage.

Mortgage rates ended the week slightly higher, but recovered on Friday to end the week down by around .500 in points and .10 in rates on a 30-year fixed. Sparking the move in bonds and mortgage rates were a few weak Treasury Note auctions as investors may start to.