Hugh W. Page | Mortgage Lender | Florida | Seacoast Bank

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Mortgage rates moved higher for the 5th time in the past 6 business days. The past 2 days have combined to bring rates a full .125% higher. That’s the increment by which rates are most commonly.

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Hugh W. Page, Mortgage Banker, Seacoast Bank The hallmark of 2014 has been a narrow range in rates. Too many market participants bet on rates going higher in 2014, and markets punished that imbalance.

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Mortgage rates made yet another small move lower, and this time it was enough to lay claim to the title of "lowest in over a month. an MBS Live Subscriber)." -Hugh W. Page, Mortgage Banking Officer.

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