Mortgage Rates Jump to Highest Level Since February 2011

Long Beach Press-Telegram (Calif.), Nov. 8, 2018–Jeff Lazerson
Where is the energy and action these days when it comes to mortgage products? After all, most well-qualified borrowers are hunkered down enjoying their lower mortgage rates. Mortgage Bankers Association chief economist Mike Fratantoni said, “75 to 80 percent of mortgage holders are below 4 percent.”