Luck refers to that which happens to a person beyond that person's control. This view incorporates phenomena that are chance happenings, a person's place of birth for example, but where there is no uncertainty involved, or where the uncertainty is irrelevant.
Average rates on 30-year fixed-rate mortgages have climbed in recent weeks by about a quarter-percentage point, from 3.75 percent to almost 4 percent â about a $600-a-year difference on a $350,000 mortgage. Several sources of data suggest that buyers are paying more attention to the threat of higher rates.
Mortgage rate lock recommendation. We are forecasting that mortgage rates might rise moderately today. However, that prediction is based on early market trends, and those frequently change speed or direction during the day. So a steeper or shallower rise, a holding steady and even a fall all remain possible.