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  • Are mortgage rates really under 4%

    June 6, 2019

    Are mortgage rates really under 4% today for a 30-year fixed?  Well, yes and no.

    There is more to mortgage rates than meets the eye.

    Rates were mixed today, with some lenders holding steady while others offered mid-day improvements in response to strong performance in the bond market.  In either case, today’s loan quotes are likely to be as good as they’ve been since the first few weeks in 2018. But are they under 4.00%?  That’s the claim being made by more than a few news stories out there.  Let’s take a look at the underlying facts.

    Read the full report here on rates, rate advertising, and more

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