Gwinnett County Real Estate Blog
Mortgage Rates Fall to Lowest Levels in a Week
Mortgage rates moved lower again today following another lower-than-expected reading on an inflation report. Yesterday's Consumer Price Index (CPI) had a bigger impact on the underlying bond market, but today's Producer Price Index (PPI) wasn't far behind. Additionally, bonds did a better job of holding onto the improvement into the afternoon hours. This allowed mortgage lenders to drop rates even more than they did yesterday (0.06% today versus 0.05% yesterday). This takes the average top-tier 30yr fixed rate to 6.64% which is the lowest in just over a week. [thirtyyearmortgagerates]
Categories
Recent Posts
Mortgage Rates Stage Moderate Recovery From Long-Term Highs
Mortgage Rates Near 1-Year Highs
Mortgage Rates End Week Roughly Unchanged
Rates Recover Modestly
Why the Right Real Estate Agent Can Save You Thousands When Selling Your Home in Georgia
Mortgage Rates Back Up Near 10-Month Highs
Rates Move Back Up With Oil Prices
Mortgage Rates Start New Week Flat
Mortgage Rates Recover Somewhat
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "