Mortgage Rates Stall in Narrow Range Near Peak

1 min read
Source: Mortgage News Daily
Mortgage Rates Stall in Narrow Range Near Peak
Photo: Mortgage News Daily
TL;DR Summary

Mortgage rates held steady around 6.17% for the 30-year fixed, staying in a tight 6.15%–6.20% range after a two-week high; traders weighed two economic reports and a Treasury borrowing outlook that hinted at higher issuance (which could push yields up), but a tame services-sector release helped bonds stabilize and keep rates from moving much today.

Share this article

Reading Insights

Total Reads

1

Unique Readers

14

Time Saved

14 min

vs 15 min read

Condensed

98%

2,82855 words

Want the full story? Read the original article

Read on Mortgage News Daily