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02Jun2009
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates Added 1/2 Percent In A Day For The Second Time In A Week Thumbnail

Mortgage Rates Added 1/2 Percent In A Day For The Second Time In A Week

After a two-month period of relative calm, Memorial Day 2009 ushered in a new era of mortgage rate volatility. Over the last 5 days of trading, mortgage lenders have issued 19 separate rate sheets, or nearly four per day. Every 2 hours, in other words, mortgage rates are changing and when they change, they change big.

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