at Calculated Risk on 12/09/2024 08:51:00 PM

Mortgage Rates From Matthew Graham at Mortgage News Daily: Mortgage Rates Slightly Higher to Start New Week

Mortgage rates ended last week with an impressive drop to the lowest levels in more than a month and a half. Today’s rates ended up being the 2nd lowest over that time after the average lender moved to just slightly higher levels to start the new new week.

In terms of economic reports, Wednesday’s Consumer Price Index (CPI) has the most potential to cause volatility, for better or worse. [30 year fixed 6.72%]
emphasis added

Tuesday:
• At 6:00 AM ET, NFIB Small Business Optimism Index for November.

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