Mortgage rates threatening to break post-Brexit range

By Matthew Graham | Mortgage News Daily

Mortgage rates continued higher today, extending a sharp move that began on Friday following stronger-than-expected employment data. There are two distinctly different ways to look at the current rate environment. On the one hand, the average conventional 30yr fixed rate continues hovering in the mid 3’s on top tier scenarios. While that’s not quite as low as it was in early July, or on some occasions in 2012-2013, it’s still in the territory of “all-time lows” in the big picture.

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August 9, 2016

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Mortgage rates threatening to break post-Brexit range

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