interest rate change

Interest Rate Tremors Hit Mortgage Market

Sudden — & Unpredictable If major changes in interest rates are like seismic events, the “tremors” are intra-day mortgage rate changes. On a typical day, there are one or two; this Monday, there were six — all up. To be sure, the increments are small, and the current 30-year rate is (still) a historically low 3.75% (up...
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