Nice Calm Day For Rates, But Volatility Potential Increases From Here
Mortgage rates are in the midst of a bit of a winning streak, but it's about as small and as neutral as winning streaks get.  Today was the third day in a row where the top tier, conventional 30yr fixed rate was at least as good a the previous business day.  The catch is that there's not much difference between today's rates and the recent peak from 4 days ago.   There's been a lot of momentum behind the notion that rates will continue to fall in early 2024 after dropping sharply in late 2023.  In...
Source: mortgagenewsdaily.com
