Where I can find the latest mortgage rate from bank?
Hello all,
I am looking for a website that can tell me the current mortgage rate or mortgage rate trend.
Today, I have called several brokers all of them told me that today’s rate is highest in recent days. So I would like to find this info myself.
thank you
go to Yahoo finance and look up the yield on the 10 year. When the yield goes up the rate goes up and vice versa….
This is the best indicator of market direction for a 30 year fixed rate mortgage. Understand that there is no such thing as “today’s rate”.
Large institutional lenders actually hire outside consulting companies to see where they are verses the competition. Cost or funds vary from lender to lender and they are passed onto you.
Add to that loan level adjustments (cost that is added for risk profile) and it’s nearly impossible to compare one lender verses another without going through a complete credit application.
Yes, prices went up today. Look at the graph over time though. Rates are still incredibly low.
Co-op Bank to raise mortgage rate | mmibrokers.com
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