Mortgage rates today, Aug. 6, 2024

Category: Finance

Average mortgage rates have decreased slightly, but the market shows signs of potential volatility. Investors are reacting to economic indicators, including Treasury yields and stock market movements, which typically influence mortgage rates. Current trends suggest rates may rise or remain stable, with significant fluctuations expected throughout the day. Borrowers are advised to lock in rates if closing soon, while also considering the importance of comparison shopping for the best mortgage deals.

Keywords: mortgage rates, economic indicators, comparison shopping

Source: The Mortgage Reports

Update At: 8/6/2024

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