Mortgage Rates Lowest in More Than a Week

Mortgage rates continued lower at a moderate pace for a second straight day, raising hopes that markets might be pushing back against the existing September trend. That trend has seen rates move higher at the fastest pace of the year, completely undoing the solid improvements in August. All that having been said, the entirety of 2014 has operated on a micro scale in terms of volatility. Unlike years past, a move of an eighth of a point in rate has been big news recently.

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