Spreads play the superhero as mortgage rates move below 6% again
After a weekend of crazy headlines and a stock sell-off on Monday morning, bond yields are close to hitting 4% again, but mortgage rates are back..
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Where will mortgage rates go after Trump’s State of the Union address?
Rates could see sharper movements on Wednesday after Trump’s State of the Union address as the president is expected to address a number of issues..
Read MoreWeekly pending home sales back to year-over-year growth as we head into spring
Last week, pending home sales rose 4.6% year over year, inventory reached 700,259 and mortgage rates held near 6%.
Read MoreKeep calm and carry on: Mortgage rates steady as inflation cools
A January storm that wreaked havoc across much of the U.S. pushed existing home sales down, but a positive inflation report gave housing..
Read MoreHousing demand snaps back as mortgage rates near 6%
Housing demand rebounded as snow effects faded, pending sales and new listings rose, and price cuts fell 1% with rates at 6.04%.
Read MoreWill steady mortgage rates calm buyers and sellers this spring?
Mortgage rates are stable near 6.2% after the Fed’s decision, with spring housing activity hinging on jobs and inflation trends.
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