Home Loan Prices See Light Changes
Mortgage interest rates move in opposite directions based on the loan conditions, but only lightly. According to Zillow, the average 30-year fixed rate dropped by one base to 6.65%. Meanwhile, the 15-year-old mortgage has risen by five basic points to 5.87%S With traders who add bonds to the 10-year-old treasury, prices increase as yield decreases. … Read more