Mortgage Rate Changes - March 22, 2023

Mortgage Rate Changes - March 22, 2023

In the past handful of months, interest rates have come down a ton (see chart above) based on improved and decreasing inflation data for the most part, but rates did go up a bit last week based on a couple slightly higher-than-expected inflation and job/payroll reports.  Market rates are constantly ebbing-and-flowing based on market data, world events, and of course, The FED, but thankfully they are drastically lower than just a few months ago. 

-Matt Hoppe

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