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…
Tag: Data
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…
Mortgage Rates Make a Modest Recovery Ahead of Important Inflation Data
Mortgage rates officially hit the highest levels since May 2024 yesterday, even though the average was almost imperceptibly higher than…
Mortgage Rates Drop Back to Last Week’s Levels After Softer Inflation Data
We knew that today’s Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential…