Mortgage Rates Still Bounce Indecisively Lower

 · This led to banks cutting 15 and 30 year mortgage rates down to all-time historical lows of around 3% and 4%, respectively. We’ve since seen a bit of bounce back over the last few months in mortgage rates, but they are still close to historical lows, at about 3.38% (15-year) and 4.48% (30-year).

Mortgage rates may not be quite as low as they were on January 31st, but they nonetheless managed to end at the lowest levels of this week. Unlike January 31st, we can still say we’re at. chance.

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But a homeowner who makes a 20% down payment could expect to spend nearly $45 less on monthly mortgage payments, for an annual savings of more than $500, thanks to today’s lower rates. But lower.

Those are still very close to all-time lows with 3.375% remaining the most prevalently-quoted conventional 30yr fixed rate on top tier scenarios. Perhaps that outright lowness, itself, justifies.

 · Mortgage Rates Highest in a Year: When It’s Not a Good Idea to Refinance. Last week, it averaged 3.59 percent and last year at this time it averaged 3.75 percent. The 15-year rate averaged 2.98 percent, up from 2.77 percent the previous week and 2.97 percent a year ago.

Mortgage rates tick down as investors rotate back to the bond market. Mortgage rates are still likely to bounce in a narrow range for some time. Stocks end slightly lower after strong jobs.

A day after hitting the lowest levels in more than 2 months, mortgage rates bounced back up today. The good news is that they didn’t land too far from yesterday’s levels in the grand scheme of things,

Mortgage. to move lower. Loan Originator Perspective Bond markets returned yesterday’s gains today. Fortunately, morning pricing improved from Wednesday’s, though most lenders issued 2nd sets of.

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