Mortgage Rates Near 2-Month Highs After Today’s Econ Data
A common recent refrain is that the bond market (which dictates interest rates) is having to make do without many…
Tag: Data
Mortgage Rates Little-Changed Despite Decent Inflation Data
This morning brought the release of the much-anticipated Consumer Price Index (CPI). This is one of the two biggest inflation…
Mortgage Rates Seeing Some Underlying Pressure Ahead of Inflation Data
Mortgage rates were effectively unchanged on Thursday with the average lender very close to the best levels in over a…
Mortgage Rates Hold Steady With Help From Econ Data
Wednesday brought the first of this week’s two key inflation reports. While the Producer Price Index (PPI) is the lesser…
Judge rules Google can keep Chrome, but must share some search engine data with rivals
A federal judge on Tuesday ordered a shake-up of Google’s search engine in a crackdown aimed at curbing the corrosive…
Mortgage Rates Flat Ahead of Next Week’s High-Stakes Data
Mortgage rates finally moved in a slightly more noticeable direction today, but the change was still inconsequential in the bigger…
Mortgage Rates Rose Less Than Expected After Employment Data
Today brought the hotly anticipated jobs report. This is the “official” job count and unemployment rate data for the U.S.…
Pending Home Sales Data Scores Some Points, But Not Enough to Change The Game
The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has remained rangebound for more…
Mortgage Rates Slightly Higher Ahead of Important Inflation Data
With fiscal and geopolitical developments dominating the news cycle, it would be easy to forget that interest rates prefer to…
Mortgage Application Activity Evaporates as Data Catches Up With Rates
The Mortgage Bankers Association (MBA) didn’t publish updated weekly application numbers last week, which meant that this week’s data had…