Mortgage Rates Little Changed, But Friday Could See a Bigger Move
Bonds Dial Back Ahead of Big Jobs Report It was a fairly interesting day for bonds, relative to the calendar of scheduled events. Domestic econ data was unimportant and markets traded accordingly from 8:30-8:45am. At that point, the European Central Bank a
Biggest Daily Drop For Mortgage Rates in Over a Month
Whether or not today's drop in rates is meaningful depends on one's perspective, but in the context of recent rate movement, it's definitely noticeable. The simplest way to think about the improvement is as follows: the average lender is now about an eighth of a percent lower in just over a week.
Uneventful Day For Mortgage Rates
Sometimes a Tuesday is just a Tuesday for mortgage rates . In the present week, any day is capable of generating some volatility due to one of several economic reports on the calendar. This isn't always the case, but the first week of any given month is action-packed when it comes to data. Econ
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