Mortgage Rates Wednesday, Feb. 1: Small Moves; Fed Decision Day; Crackdown on Kickbacks

Thirty-year and 15-year fixed mortgage rates stepped higher today, while 5/1 ARM rates sagged slightly, according to a NerdWallet survey of mortgage interest rates published by national lenders Wednesday morning. The bond market will be looking to the Federal Reserve for direction today. While the central bank is expected to stand pat on short-term interest rates, a…

from NerdWallet
https://www.nerdwallet.com/blog/mortgages/mortgage-rates-wednesday-feb-1-little-direction-fed-decision-day-crackdown-on-kickbacks/

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