Thomas Foley

NMLS # 21612

401-732-4141

tfoley@tmcofne.com

Thomas Foley SVP

11.16.2015 Mortgage Rate Update

11.16.2015 Mortgage Rate Update

Mortgage rates are little changed as the markets take a wait and see approach due to the attacks in Paris on Friday evening.  Anytime you have some terrorists action or geopolitical event the markets tend to sell stocks and buy bonds as investors turn to safer investments.  Today the markets are very calm as the investment world watches to see if any new events develop.

We will keep an eye on the markets and report back if anything develops.