November 17, 2024 7:44 am
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Mortgage rates rise at fastest pace in weeks

mortgage-rates1By Matthew Graham

Mortgage rates moved higher Thursday at the fastest pace since July 3rd as bond markets began backing away from more anxious levels associated with last week’s geopolitical headlines.  Such headlines (Malaysian airliner and Gaza invasion) can motivate investors to seek safe-havens such as Treasuries and MBS (the mortgage-backed securities that influence mortgage rates).  Since last week, bond markets have been relatively on edge but never moved any lower than the initial move on Thursday.  If there has been one day since then that “undoes” the flight-to-safety, today is the best candidate.

Continued:

Related: Morgan Stanley to Pay $275 Million in Mortgage Case 

 

 

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.