Oil near $115 and global tension could quickly shift mortgage rates. The 30-year fixed is 6.44% on the MND national average.
Brody O'Connor
Mortgage Broker• NMLS# 175788
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"Oil Shock Risk Has Mortgage Rates on Watch"
This blog post is intended for informational purposes only. It does not constitute financial advice, an offer to extend credit, or a commitment to lend. Mortgage rates, program guidelines, and qualification requirements can change at any time and may vary based on credit, income, assets, location, and property type. Always consult with a licensed mortgage broker to review your personal situation and available options.
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Mortgage rates improved slightly, with the national average 30-year home loan at 6.43%. Light trading and inflation data could shift pricing fast.
Mortgage rates today ticked up after a strong jobs report. The 30-year is near 6.45% (MND National Index). Get lock vs. wait guidance by closing timeline.
30-year fixed averaged 6.41% today (Mortgage News Daily). Oil jumped after remarks, and borrowing costs swung, so lock timing matters.
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