Mortgage Rates Monday, July 10: Shorter Terms Sag

Mortgage rates for 30-year fixed loans held firm, while 15-year fixed rates and 5/1 ARMs eased a bit, according to a NerdWallet survey of mortgage rates published by national lenders Monday morning. Friday’s U.S. employment report saw “impressive” job growth but annual wage increases “stuck” around 2.5%, according to Doug Duncan, chief economist at Fannie Mae….

from NerdWallet
https://www.nerdwallet.com/blog/mortgages/mortgage-rates-monday-july-10/

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