Mortgage Rates in Massachusetts
Mortgage rates in Massachusetts look like they will begin the holiday shortened work week slightly higher after hovering around historic lows recently.
30 year fixed rates should still be available in the low 5% range this week. With so much uncertainty in the market it is hard to predict where rates will go on any given day. This is why it is important to lock an interest rate when one is available that makes sense for you to refinance at. There is no guarantee that rate will be available the next day.
There is not much news scheduled for this week that will have an impact on the mortgage market. We will update you though if any mortgage rate news comes out.