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Created: 06/05/2015 at 12:47 PM Updated: 26/06/2017 at 6:40 PM

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Mortgage Rates Sideways Near Long-Term Lows

Mortgage ratesremained relatively unchanged again today. This continues the sideways trend leading into Memorial Day weekend. As the current week progresses, we can expect to see volatility increase thanks to the presence of more significant economic data.
In general, bond markets (which underlie mortgage and other rates) react to strength or weakness in economic data. The more important the report and the bigger the margin by which it misses or exceeds expectations, the more movement is implied in bond markets (and thus "rates"). ...(read more)Forward this article via email:Send a copy of this story to someone you know that may want to read it.
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#Posted on Tuesday, 30 May 2017 at 6:50 PM

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My archives (161)

  • Mortgage Rates Coast Into Extended Weekend
    Mortgage ratesdidn't move muchtoday....
    Fri, May 26, 2017
  • Mortgage Rates Improve as Lenders Catch up...
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    Thu, May 25, 2017
  • Upward Mortgage Rate Momentum Pauses After...
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    Wed, May 24, 2017
  • Mortgage Rates Remain Under Pressure
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    Tue, May 23, 2017
  • Low and Sideways, Mortgage Rates Play...
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    Mon, May 22, 2017
  • Mortgage Rates Higher, Volatility Looms
    Mortgage rates continued higher for the...
    Fri, May 19, 2017
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