Mortgage rates today, February 15, 2019, plus lock recommendations

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“If you’re not in the pipeline ready to go when the interest rates start moving down, all of a sudden you have to get in the back of the line, and oftentimes you miss the dip in the rates.” Fleming.

What’s driving current mortgage rates? average mortgage rates fell on Wednesday, as we predicted. It wasn’t a big drop but it was enough to to take them to their lowest level in more than 30 months. That looks set to change today, with the likelihood of appreciably higher rates by this evening.

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Daily Rate Lock Advisory. and the Nasdaq up 24 points. The bond market is currently up 8/32 (1.95%), which should improve this morning’s mortgage rates by approximately .250 of a discount point.. This means that is there is an intraday revision to rates today, it will most likely come.

Mortgage rates fell significantly. All of the above was very good for rates, but it also put very big emphasis on the upcoming economic data to shed light on just how justified the Fed’s concern.

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Mortgage rates today, January 29, plus lock recommendations Evening Update: Theresa May survives no-confidence vote after Brexit defeat; the latest in Canada-China tensions – Royal Bank of Canada has become the first major bank to lower its posted interest rate for five-year fixed-term mortgages, a move that has been widely anticipated amid tumbling bond yields. The bank.

What’s driving current mortgage rates? Average mortgage rates rose on Friday, as we predicted. However, the increase was much smaller than seemed likely first thing that morning. And the week ended with rates exactly where they were the previous Friday. Luckily, that was at a very low level.

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Mortgage rates. ended as of early February, and rates have been generally sideways since then Even so, the potential remains for more weakness (i.e. higher rates). It makes more sense to remain.