Mortgage Rates Flat to Slightly Lower

Mortgage rates were slightly lower today, but did not move much from yesterday’s latest levels. Some lenders are even in slightly higher territory. Underlying market movement was volatile, but only in the context of a fairly narrow range. Geopolitical concerns, stock market weakness, and trading considerations relating to today’s Treasury auction helped bond markets improve at their fastest pace of the day in the afternoon, prompting some lenders to reprice to slightly lower rates.

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