Mortgage Rates Flat Ahead of Action-Packed Week
Mortgage rates were essentially flat this week, fluctuating only slightly during a quiet week without many market-moving economic releases.
March New Home Sales: Back on Track
On the heels of a disappointing existing home sales report, the underlying fundamental strengths of the housing market came through clearly in March's new home sales figures.
March Existing Home Sales: A Step Back, But Still Moving Forward
Despite the step backward from February’s release, today’s report still paints an encouraging picture for the housing market.
March Housing Starts: Still No Momentum
The lackluster March report is a surprise, with housing starts still not regaining the momentum expected from lower interest rates, a strong labor market and other bullish economic signals.
Strong Chinese Data Drive Mortgage Rates to Highest Levels in Almost a Month
Mortgage rates rose this week, riding strong Chinese economic data to their highest levels in almost a month.
Mortgage Rates Inch Lower as Reports Show Inflation Staying in Check
Mortgage rates drifted slightly lower this week, held in check by price growth that remains below the target set by the Federal Reserve.
No Foolin’: Mortgage Rates Begin April on the Rise
Despite Wednesday’s tepid numbers, markets still expect a strong report on Friday, in which case more upward movement in mortgage rates could be on the way.
February New Home Sales: No More Chill in the Air
The wounds from January's disappointing numbers may be still raw, but today’s surprisingly upbeat figures offer at least a partial reprieve for the new home sales market and paint a promising picture for the coming months.
Mortgage Rates Plummet After Fed Fallout and Weak Eurozone Data
Markets had largely assumed that an immediate rate hike was unlikely, but the revelation that most of the committee sees no hikes as necessary for the remainder of 2019 was viewed by many analysts as dovish and indicative of the Fed’s growing sensitivity to a slowing global economy.
