current mortgage rates: Should I Lock when Rates Go Higher?
- 06/17/15 03:17 AM
For some homebuyers, the 4.00 percent 30-year fixed mortgage rate is a line in the sand they have no intention of crossing. As of June 2, 2015, some lenders are already charging 4.125 percent for a benchmark conventional 30-year fixed rate mortgage, according to Mortgage News Daily's Chief Operating Officer Matthew Graham.
Graham says that the higher rates are most readily explained by the domestic market's relationship with European markets where economic data and headlines concerning a potential Greek debt deal caused European rates to jump.
"The more it looks like Greece will get some sort of 'deal," … (0 comments)
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