From Matthew Graham at Mortgage News Daily: Sorry… Mortgage Rates Definitely Aren’t Still Under 4%
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The average lender is now definitively up and over 4.25% for the first time since early 2019. In other words, today’s rates are the highest in almost 3 years. [30 year fixed 4.28%]
emphasis added
Friday:
• At 10:00 AM, University of Michigan’s Consumer sentiment index (Preliminary for March).
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 65.2% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 216.4 | — | ≥2321 | |
| New Cases per Day3 | 37,146 | 52,155 | ≤5,0002 | |
| Hospitalized3 | 26,655 | 38,581 | ≤3,0002 | |
| Deaths per Day3 | 1,179 | 1,572 | ≤502 | |
| 1 Minimum to achieve “herd immunity” (estimated between 70% and 85%). 2my goals to stop daily posts, 37-day average for Cases, Currently Hospitalized, and Deaths 🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths ✅ Goal met. |
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Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.
New cases, hospitalizations and deaths are now declining.