Mortgage Rate Update
International concerns about Ukraine and the continuing bumpy economic reports kept mortgage rates down last week.
Cooling economic news was good news for mortgage borrowers last week, with rates taking a slight dip.
Mortgage rates rose slightly last week in spite of a lack of momentum in either direction in the economy.
A mix of economic news kept mortgage rates from moving more than a little last week.
Mortgage rates fell after unemployment reports failed to show gains, giving hope to borrowers but signaling underlying concern about the strength of the economy.
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