Mortgage rates for 30- and 15-year fixed loans were steady today, while 5/1 ARMs moved a tad lower, according to a NerdWallet survey of current mortgage rates published by national lenders Friday morning.
With the bond markets shutting down early today and closed Monday for Memorial Day, traders are likely considering picnic spreads rather than yield spreads. It has been a remarkable week, when 30-year fixed mortgage rates have remained absolutely motionless. A few more weeks like this and there will be no need for a graph — a simple straight line will do.
In fact, mortgage rates are so favorable that Freddie Mac has reversed its housing outlook for the year. What was once a slightly pessimistic view is now anything but.
“With home sales, housing starts and home values up, 2017 is shaping up to be the best year for housing in over a decade,” Sean Becketti, Freddie Mac chief economist, wrote in an analysis.
MORTGAGE RATES TODAY, FRIDAY, MAY 26:
» MORE: How much home can you afford?
Homeowners looking to lower their mortgage rate can shop for refinance lenders here.
NerdWallet daily mortgage rates are an average of the published annual percentage rate with the lowest points for each loan term offered by a sampling of major national lenders. APR quotes reflect an interest rate plus points, fees and other expenses, providing the most accurate view of the costs a borrower might pay.
Get Daily Mortgage Rate Updates
We’ll email you each morning with the latest mortgage news.
- Should be Empty:
The article Mortgage Rates Friday, May 26: Mostly on Hold Ahead of the Holiday originally appeared on NerdWallet.
Realty Solutions Group was built around a simple but elusive concept: provide brokers and clients with the highest level of service in the industry through cutting-edge sales, marketing programs and a culture that values innovation, relationships and a strong local focus.
In less than 5 years, Realty Solutions Group is among the top independent brokerage firms in S/E Wisconsin.
As a locally-owned, independent company, Realty Solutions Group is deeply committed to supporting the communities and clients we serve. We are constantly evolving, but remain focused on that one simple idea behind our founding.
We are a full service brokerage with discounted commissions. We offer no long term listing contracts, a Performance Guarantee, Smart Seller Program and a Communication Guarantee. Contact us today and let us provide you with the very best real estate experience.
Powered by WPeMatico