There's not much movement in mortgage rates today. If you're floating a rate, stay near your phone for the next few days, because rates could kick upward if stock prices rise abruptly. That's a big "if."
Read Payment program gets reprieve (Links)
Stock prices are falling as disappointing earnings reports come in and as crude oil prices rise. As investors yank their money from stocks, they buy bonds. The increased demand for bonds causes their prices to rise. When bond prices rise, the yields fall.
Read Mortgage rates are falling today. (Links)
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