Mortgage rates for June 10

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Mortgage rates for June 10

“The Federal Reserve’s monetary policy committee meets June 15 and 16, and it might mention the need to develop a timetable to restrict the Fed’s easy-money ways,” Holden Lewis, a home and mortgage specialist at NerdWallet, wrote in an email. “That would push mortgage rates higher. It’s like when you’re at a party and the host ostentatiously yawns: You know the party isn’t yet over, but it will be soon. The Fed is stretching and getting ready to yawn. When it does, possibly next week, the low-rate party will gradually begin coming to a close.”

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