Mortgage Rates for October 22 2018 – I suggest locking versus waiting see what the mortgage backed security market will do.
Plain Text Transcript:
Happy Monday! I’m Dan Eveland with
mortgage rates for October 22, 2018.
The market is still pretty flat compared to
the last week still trying to find a
direction. The Dow Jones keeps
going up and then coming down it’s very
volatile right now. The housing market
missed some numbers which should be
getting us some better interest
rates, but that’s not been a case. So,
hopefully we can break through and find
some footing so we can get some
some better mortgage rates, but hopefully time will tell here this week. If you are in
the position to lock, I would suggest
doing so and it’s not worth the risk of
waiting to see what where the markets
going to go. See you tomorrow, thanks!
Mortgage Interest Rates Daily Oct 22 2018