Tuesday, May 9, 2017

Mortgage Rates Tuesday, May 9: A Bit Higher; Watch Stocks for Clues

Interest rates for 30-year and 15-year fixed home loans crept higher, while 5/1 ARMs were unchanged, according to a NerdWallet survey of mortgage rates today. After Friday’s upbeat employment report, the S&P 500 set another record high. Rising stocks can often push bond prices down and interest rates up. “Generally speaking, stock weakness usually makes bonds more...



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