​Mortgage Rates Undergo One Of The Biggest Single-Day Jumps: Report – Tyler Durden

Mortgage Rates Undergo One Of The Biggest Single-Day Jumps: Report Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Mortgage rates jumped by more than 0.25 percent on Friday after a government report showed that the labor market continued to remain strong. The average 30-year fixed-rate mortgage rate jumped 27 points from 6.26 percent to 6.53 percent on Friday, according to data from the Mortgage News Daily (MND) mortgage rate index that is updated on a daily basis. This is one of the biggest single-day rate increases MND has ever tracked. A home is listed “For Sale” in New…  — Continue at ZeroHedge News : Read More