Mortgage Rates Unchanged to Slightly Lower

The rate outlook can be either encouraging or disheartening depending on how you choose to view it. On the one hand, these rates are still near the lowest levels of 2014. Additionally, rates have shown a remarkable ability to stay near those lows for a longer stretch of time than normal. Finally, to whatever extent European turmoil (weak economic data and geopolitical risks) continues pushing European rates lower, the spillover effect is increasingly likely to help US rates move lower.

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