Inflation was the headline economic data point this week. One report was right in line; another was a bit higher than expected but had minimal impact on rates. All in all, we will end the week pretty much right where we started at 6.25% for our best 30-year fixed conventional rate.
It was a quiet week for mortgage news. There wasn’t much going on as far as economic news goes, so markets were very calm. We are still at 6.25% for our best 30-year fixed conventional scenario.
Mortgage rates finally started to move off center this week and they moved in a favorable direction. We moved down to 6.25% for our best 30-year fixed conventional scenario.
It was a pretty quiet week for economic data this week with mortgage bond trading in a pretty narrow range this week. Not a lot of movement in the markets so rates will end the week right where we started at 6.375% for our best 30-year fixed conventional scenarios.
It was a pretty busy week as far as economic data goes, but really no change in mortgage rates. We will end the week pretty much right where we started, right at 6.375% for our best 30 year fixed conventional scenario.
It was a light week for economic data, and after a few up and down swings, rates will end the week just up slightly from last week, putting us right at 6.375% for our best 30-year-old fixed conventional scenario.