· Mortgage Rates1 – You never know what is going to be the market driver for the week. Lately, a lot of the focus has been on economic reports and the anticipation surrounding whether they come in above or below expectations. But geopolitical / world events...
Mortgage Rates1 – The market mover this week was the Retail Sales report for September, which rose by 0.7% (beating estimates of 0.3%), pushing rates higher yet again and putting our benchmark rate up to 7.875% (APR 7.916%). On the inventory side of the house, new...
· Mortgage Rates1 – This week was “inflation week” with both PPI and CPI reports being released, but the conflict in Israel overshadowed the market. Rates improved on Tuesday and then held steady on Wednesday with the release of the September Producer Price...
· Mortgage Rates1 – Well it has been another “fun” week in mortgage land as the market absorbed the various labor reports that were released. We kicked off the week on Tuesday with the August JOLTS report, which showed job openings increasing from 8.92M to...
Recent Comments