11/27/2013 - Today's Interest Rate Market Forecast

Today's Interest Rate Market Forecast - 11/27/2013

 

Mortgage Rates Currently Trending:
NEUTRAL

Today's Mortgage Rates Forecast:
NEUTRAL

7 day Mortgage Rates Forecast:
NEUTRAL

 Today we can expect more of the same - rates remaining flat, with pricing fluctuations during the day but the day ending almost exactly where it started. This morning's economic data reports came in pretty much where expected, so were not real market movers. Depending on when your lender comes out with rates and pricing today, you may see a slight worsening in rebate pricing (the cost to obtain a rate or the credit the lender gives you towards your closing costs when selecting a rate), but rates will remain the same.

If you are closing soon and are not locked in, be sure to stay in close contact with your Mortgage Loan Professional today in case of market deterioration that could cause a worsening to your interest rate or rebate pricing.

Remember, if you want to know the benefits of locking your rate today versus floating, simply give us a call at 314-744-7806 (www.CallTheMoneyMan.com) who has access to real time Wall St. data and instant market alerts with breaking news.