Stocks continue to bounce off of record highs, helped by strong corporate earnings. Money moving from bonds back into stocks can continue to pressure rates higher. New home sales hit a year and a half high in March, boosted by home prices and lower mortgage rates. It was the 3rd straight monthly increase for new […]
Recent optimism in the global economy has been helped by the upbeat economic data in China. This has pressured mortgage rates to move higher this week. Fed’s do not see signs of inflation at this time. This is good! Inflationary signs pressure interest rates to move higher. Receive Your Free Buyers Guide Spring Edition Below
Signaling a possible slowdown in the economy, retail sales dropped 0.2% in February. Slower economic activity is likely to keep the Fed’s from raising rates. Mortgage Rates bounced up off the recent 12 month lows this week, looking for signs of stabilizing next week. Talks with China and the US for a new trade deal […]
