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It's a single-focus market, folks, and Greece is the word. If you're shopping for mortgage rates, heads-up.
When it comes to shopping for low mortgage rates, you're at the market's mercy and the market is merciless. Want to give yourself an advantage? Read on...
Hopefully, you caught the signal. Last week was the bookend on the summer's long-term rally. Mortgage rates are rising now.
Fear is rarely as profitable as greed on Wall Street and now that investors have acclimated to the barrage of bad news from Europe, they're looking for positive signal in the market. They're not hard to find. Mortgage rates will rise as a result.