From Matthew Graham at Mortgage News Daily: Mortgage Rates Move Higher After Trade Deal
Mortgage rates moved back up to the higher levels seen earlier this week after the official announcement of a trade deal between the U.S. and the U.K.
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In the bigger picture, today’s mortgage rate increase is unremarkable–sort of average–and it leaves the rate index well below the early April highs, despite being well above the range seen during the month of March.