Select Page

Mortgage rates moved on Friday making it to the greatest levels of this week for the lender. Underlying bond markets came under pressure since Trump made comments that were reassuring for a trade agreement between the usa and China. Before that, trade warfare headlines dominated the week and had taken rates and stock prices lower. The consequence is that the market should change from stressing to anticipating an nuanced and ongoing procedure about this week reflecting a deadline. That nuanced, ongoing process is much less great for interest rates as the fear which preceded it. That means there’s a risk that speed momentum is greater until and unless a political or economic event comes together to make a case to the contrary. Loan Originator…(read more)

Forward this article through email:  Send a copy of this story to someone you know that might want to read it.