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Zillow Research

Mortgage Rates Flat As Strong Economic Data Offset by Ukraine Uncertainty

Mortgage rates were fairly flat last week. There were no signs of changes in labor markets, as employment figures remain strong.

Mortgage rates were fairly flat last week. There were no signs of changes in labor markets, as employment figures remain strong. Retail sales were stronger than expected and import prices pointed to continued inflationary pressures. But the strong economic data from last week was offset by continued uncertainty in Ukraine, keeping rates from continuing to increase. Markets will be focused on the situation in Ukraine this week and potential economic impacts, along with inflation data coming out Friday.

Mortgage Rates Flat As Strong Economic Data Offset by Ukraine Uncertainty