Two flat days, two good days and one bad day this week. More movement than we have seen in week’s past but ultimately, we will end the week right back where we started, still at 5.875% for our very best 30 year fixed conventional scenario.
Another FED meeting in the books, but once again, mortgage rates fail to drop after the FED lowers the federal funds rate. We will end the week still at 5.875% for our best 30-year fixed conventional scenario.
Information and economic data are very limited during the shutdown, and even though we did get a CPI report this morning, there was very little movement in the mortgage markets this week. We will end the week virtually unchanged from last Friday, still at 5.875% for our best 30 year fixed conventional scenario.
With the lack of economic data due to the government shutdown, investors were focused on trade tensions with China and favorable commentary from the FED. We will end the week at 5.875% with .25% lender credit towards closing costs for our best 30-year fixed conventional scenario.
With the lack of economic data due to the government shutdown, market trading was fairly limited, and rates didn’t move a lot, but we got just enough improvement to push us back into the 5s with no points. We will end the week at 5.875% for our best 30-year fixed conventional scenario.
It was a very interesting week with the government shutdown leaving most investors in the dark. We had a pretty good week going ahead of the anticipated employment report, putting us back very close to 5.875% for our best 30-year fixed conventional loan.
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