Live Rate Quotes No social security number required
Real Estate Chart of the Day
Mortgage rates and markets change constantly. Stay 100% current by taking The Mortgage Reports by email each day. Click here to get free email alerts, or subscribe to the RSS feed in your browser.
As traders went home for the weekend, and as Iran paraded its nuclear ambitions to the press, gold dropped below $600, oil gained to $68, and stock indices fell.
All three signs tend to push mortgage rates lower, but this week, traders zigged instead of the usual zag.
If there's a lesson in here, it's that mortgage rates have a mind of their own.
History is a terrific guide for the future of mortgage rates, but it can't be any more than that. If you rely solely on history to predict where mortgage rates will go, the markets will treat you with the arrogance of Elijah the Prophet at a Passover seder.
Dan Green (NMLS #227607) is an active loan officer with Waterstone Mortgage. Email Dan ator click to get a free, no-obligation rate quote.
You can also find Dan on Twitter and Google+.
Since you have reached the end of this post, you may be interested in checking out the related posts below.
