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.
A fairly quiet week for mortgage rates as markets settled after last week’s FED meeting. Rates up just a bit for the week with our best 30 fixed conventional loan still at 6.00%.
.png)
-min_edited.jpg)