Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data
For Thursday and Friday, expect jobs data to dictate where mortgage rates are headed.
For Thursday and Friday, expect jobs data to dictate where mortgage rates are headed.
Mortgage bonds improved last week, pushing mortgage rates lower nationwide.
Freddie Mac reported the average 30-year fixed rate mortgage rate at 3.37 percent -- an increase of 0.05 percentage points from the week prior.
Mortgage bonds worsened last week, moving mortgage rates higher.
Pricing for both conforming and FHA mortgage rates improved between Monday and Friday, with the majority of gains occurring late in the week.
Mortgage markets worsened last week, taking mortgage rates higher. The Federal Open Market Committee meets this week.
Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week.
Mortgage markets worsened last week for the first time in a month last week.
For the third straight week, mortgage rates improved. This week's jobs report threatens those gains, however.
Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high.
For the first time in 9 weeks, mortgage rates have made new lows.
Mortgage rates rose slightly in last week's holiday-shortened week.