Market Perspective | Latest Housing Trends
Purchase market heating up
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Purchase market heating up
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Read MoreAfter a couple of quiet days, this week quickly took a turn for the worse for mortgage rates on Wednesday. Stronger than expected labor market data caused mortgage rates to move higher.
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Read MoreMost of the news over the past week was negative for mortgage rates. Comments from Fed officials and the Trump administration, along with the release of strong economic data, resulted in mortgage rates ending the week higher.
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Read MoreThe past week was a relatively light one for economic news, but daily volatility remained high. Uncertainty about the future of the European Union (EU) was favorable for U.S. mortgage rates. A week ago, mortgage rates were near the highest level of 2017. This week, mortgage rates recovered some ground and ended a little lower.
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