More of the same this week as investors continued to shift money out of risker technology stocks and into safer investments, helping to push rates lower for the week. We will end the week down to 6.875% for our best 30-year fixed Conventional scenario with no discount points.

Headlines surrounding the conflict in the Middle East continued to move mortgage markets this week. At the same time, a surprisingly strong jobs report had less impact on rates. By the end of the week, mortgage rates were slightly higher.

Mortgage markets were pulled in different directions this week. Increased tensions in the Middle East caused oil prices to climb, raising concerns about the outlook for future inflation. We will end the week still at 6.375% for our best 30-year fixed Conventional scenario.

Mortgage rates saw more volatility this week, driven largely by fluctuating oil prices and ongoing tensions in the Middle East. The latest economic data had little impact on financial markets, and the Fed meeting revealed no significant surprises. Mortgage rates finished the week slightly higher, with our best 30 year fixed conventional scenario at 6.49%.

Most of the economic news was good for mortgage rates this week but rates climbed up just a bit due to a flood of trading associated with end of the quarter positioning. We will end the week back at 6.25% for our best 30-year fixed conventional scenario.

Several good days offset by one bad will leave rates right about where they ended last week, still right at 6.25% for our very best 30-year fixed Conventional scenario.