Strong Job Gains – July 2019 Edition
As is common, thin trading conditions helped make the week containing the July Fourth holiday very volatile again. A decline in global bond yields was positive for U.S. mortgage rates…
As is common, thin trading conditions helped make the week containing the July Fourth holiday very volatile again. A decline in global bond yields was positive for U.S. mortgage rates…
Weaker than expected labor market data and dovish comments from central bank officials were favorable for mortgage rates this week. News on the trade negotiations with Mexico and China caused…
The economic data took a back seat to the news on trade this week. Investors hoping for signs of progress in the negotiations between the U.S. and China were disappointed…
Weaker than expected economic data was modestly positive for mortgage rates this week. Headlines about the trade negotiations between the U.S. and China caused some volatility but had little net…
The two main influences on mortgage rates this week, a lack of progress in the trade talks and weak inflation data, both were modestly positive for mortgage rates. As a…
The big news this week was Friday’s GDP report, and it was favorable for mortgage rates. As a result, rates ended a little lower, ahead of several major economic releases…
It was a light week for economic news with few surprises, and mortgage rates ended nearly unchanged. One big reason that mortgage rates have improved in recent weeks, and that…
A dovish message from the European Central Bank was favorable for mortgage rates this week, while the major U.S. economic data had little net impact, and rates ended the week…
Weaker than expected retail sales data was offset by progress on a government funding agreement this week, and mortgage rates ended nearly unchanged. Consumer spending accounts for about 70% of…
Sandwiched between recent major economic events and several more later in the month, there was little significant economic news this week, and mortgage rates ended slightly lower. Investors were mostly…