Stocks Fall – October 2018 Edition
The big news this week was a major selloff in the stock market, with the Dow down more than 1,000 points. Normally that would be positive for mortgage rates, but…
The big news this week was a major selloff in the stock market, with the Dow down more than 1,000 points. Normally that would be positive for mortgage rates, but…
Since it raises the outlook for future inflation, the stronger than expected economic data released this week was bad news for mortgage rates, and rates reached their highest levels in…
A rally in the stock market drew assets away from bonds this week, which was negative for mortgage rates, while the economic data released this week caused little reaction. As…
Although this week’s major U.S. economic data and European Central Bank meeting contained more good news than bad for mortgage rates overall, rates ended slightly higher. The most recent inflation…
While there was some major economic data released this week, there were no significant surprises, and its impact on mortgage rates was minor. By contrast, news on trade deals caused…
While there was major economic data released this week and a Fed meeting, there were no significant surprises. Mortgage rates ended the week a little higher. Friday’s key Employment report…
This week was one of the quietest of the year. The major economic data generally matched the expected levels, and mortgage rates ended nearly unchanged. The most significant economic data…
News from Italy was positive for mortgage rates this week. However, this was partially offset by stronger than expected U.S. labor market data. Mortgage rates ended the week a little…
The market moving economic news this week again was viewed as negative for mortgage rates. This time the source was the European Central Bank (ECB). The U.S. economic data mostly…
Fewer Late On Mortgage Payments = Housing Strength: The winter is usually the slowest home selling season. The main focus is on family and the holidays, not on buying a…