Page 1 of 1

Biggest 2-Day Rate Drop in a Long Time as 30yr Surges Back Under 4.0%

Published 2 months ago

First thing's first. We need to get some caveats out of the way. The following should always
be assumed when reading mortgage rate coverage, but I like to include a reminder on the
occasions where massive movement and specific levels are discussed.

*Different lenders adjustrates at different paces. Some have yet to catch up with the
average. Others may be ahead of average.
*If we're talking about 30yr fixed rates under 4.0%, it's a reference to an ideal scenario
without price adjustments for things like credit score, loan purpose, property type,
cash-out, etc.

Continue this read in the above PDF.

Need a copy?

Download PDF