Mortgage Rates Unchanged

Written by Paul Knag on July 31, 2013

Despite market volatility, mortgage rates closed today at the same level where they left off. Strong economic data in the morning caused rates to increase at the open, yet the Fed's statement in the afternoon brought rates back to where we had started. Many lenders may even post slightly better rates than yesterday.

Posted Under: Mortgage
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About Paul Knag

Paul Knag is a former executive for American Home Mortgage and founder of online lender MortgageSelect.com. He founded RateZip.com in 2007. Paul lives in New York with his wife and children.


Jul31

Despite market volatility, mortgage rates closed today at the same level where they left off. Strong economic data in the morning caused rates to increase at the open, yet the Fed's statement in the afternoon brought rates back to where we had started. Many lenders may even post slightly better rates than yesterday.

About Paul Knag
Paul Knag is a former executive for American Home Mortgage and founder of online lender MortgageSelect.com. He founded RateZip.com in 2007. Paul lives in New York with his wife and children.