Mortgage markets worsened again last week as belief in a U.S. recovery and concerns for inflation took hold on Wall Street. Conforming mortgage rates rose in Washington for the 6th straight week.
According to Freddie Mac‘s weekly Primary Mortgage Market Survey, the average 30-year fixed rate...
Mortgage markets worsened last week as the U.S. economy showed additional signs of strength; and global demand for mortgage bonds slipped.
Conforming mortgage rates rose in Washington and around the country for the fifth straight week. It’s a streak that’s been marked by volatile pricing...
Mortgage markets lost ground last week on growing optimism for the economy, a poor run for the dollar versus the euro, plus the lingering concerns that inflation will grip the U.S. long-term.
Conforming mortgage rates in Washington rose for the fourth week in a row, stymying rate shoppers and raising the...
In a holiday-shortened week on Wall Street, mortgage markets improved on 3 of 4 days, but still posted its fourth consecutive losing week.
Unfortunately for rate shoppers and home buyers in Washington , last week’s 3 days of gains were mild improvements; the one day of deterioration was among the Top...
Mortgage markets worsened last week as the U.S. dollar gave up ground in currency markets, and inflation concerns mounted. In response to the events, conforming mortgage rates in Washington rose for the third straight week.
Mortgage rates have now climbed by as much as half-percent since the start of the...
In a holiday-shortened trading week, mortgage markets tanked last week, casting doubt on whether the bond market’s 7-month bull run will continue. Fears of inflation caused conforming mortgage rates to rise in Washington.
Last week marked the first sizable mortgage rate increase over the course of 7...