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Rates Remain Over 7% Despite Modest Improvement

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mortgagenewsdaily.com/markets/mortgage-rates-07102023

The most important thing to know about mortgage rates so far this week is that they lived through last week.  Living through last week means rates reacted to surprisingly strong economic data by jumping well into the 7% range for conventional 30yr fixed loans. We've been here before--just a few months ago, but not for very long.  Also, we haven't been much higher…

This story from mortgagenewsdaily.com was posted on 2023-07-11 by @geovent.

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