Comment on Mortgage Rates Thursday, June 15: Mixed Reaction to Fed Rate Hike

Mortgage rates for 30-year fixed loans moved lower, while 15-year fixed and 5/1 ARMs crept higher today, according to a NerdWallet survey of current mortgage rates published by national lenders Thursday morning. The Federal Reserve raised interest rates, and once again mortgage rates shrugged. There seems to be a continuing disconnect between how the Fed views the...