Mortgage Rates Back up to Last Wednesday’s Levels

Mortgage rates rose moderately today. Market conditions were exceptionally quiet and after trading opened in the secondary mortgage market, there was almost no movement for the rest of the day. This follows 2 days at the end of last week that also realized very little of their rate-movement potential, though they did see some volatility. Unsurprisingly, that leaves rates very much in line with Wednesday’s–the day before the volatility showed up.

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