Mortgage Rates Fall But Are Expected To Rise Again

Mortgage rates fell slightly for the first time in seven weeks, but are expected to increase next week. 30-year loans dropped 0.05% from last week, and the 15-year mortgage decreased 0.06%. Additionally, the 10-year note jumped in early trading to 2.39%, up 1.63% from last month. Many experts are suggesting that rates will surge next week as they generally follow the yield on the 10-year treasury note. More here

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