Current mortgage rates have remained near the lowest levels of the year so far this week . The spread of mortgage rates compared to the 10 year treasury is beginning to widen so that could be a sign that once the 10 year yield starts to increase, mortgage rates could follow very quickly. If there is a rate available now that you like, it would be a good move to lock in while it is available.
Some news coming out later this week that could have an impact on mortgage rates includes the unemployment rate which will be released on Friday.
For now mortgage rates in Massachusetts remain near all time lows. Rates in the rest of New England are also currently at the best levels of the year.