Wednesday Mortgage Rates Flat Again

Rates were down again today following stock market gains. However, due to strength in yesterday afternoon trading we will see no change in retail rates most likely. There was no news released today, the rates are largely reacting this week to the volatility on the stock market, and that alone has not caused much volatility in mortgage rates this week so far. Friday, the November Goods and Services Trade Balance report will be released, which is the only report of minor significance due out. It will give a sense of the size of the US trade deficit but will likely not have much influence on mortgage rates, as the US deficit balance does not directly relate to US bond prices.

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National Rates

Loan Type Today
30 Year Fixed   6.05
15 Year Fixed   5.73
5/1 Adjustable   5.78

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