Mortgage Rates Friday, June 16: Mostly Higher as Bond Market Considers Fed Moves

Mortgage rates for 30-year and 15-year fixed home loans moved higher, while 5/1 ARMs were unchanged today, according to a NerdWallet survey of mortgage rates published by national lenders Friday morning. The bond market, the major driver of mortgage rates, is still digesting the Federal Reserve’s latest meeting. It’s less about the everybody-knew-it-was-coming rate hike…

from NerdWallet
https://www.nerdwallet.com/blog/mortgages/mortgage-rates-friday-june-16/

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