Mortgage Rates Wednesday, June 14: Lower Prior to Expected Fed Rate Hike

Interest rates for 30- and 15-year fixed home loans, as well as 5/1 ARMs, all slipped lower today, according to a NerdWallet survey of mortgage rates published by national lenders Wednesday morning. The bond market — and, as a result, mortgage rates — is reacting to a just-released Commerce Department report of weak retail sales in May. The Federal Reserve…

from NerdWallet
https://www.nerdwallet.com/blog/mortgages/mortgage-rates-wednesday-june-14/

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