Mortgage Rates Tick Microscopically Higher

Mortgage rates at the average lender moved up by 0.01% today–the smallest increment measured by the MND daily rate index. This means that most borrowers won’t see a meaningful different in today’s rates vs yesterday’s. That’s welcome news considering yesterday’s rates were tied for the second best day in more than 3 years. In the bigger picture, the absence of improvement over the past 2 days may suggest that recent…