Posted To: Mortgage Rate Watch

By now, it’s no mystery that mortgage rates are significantly higher than they were last week. The bigger mystery had to do with what comes next. In some ways, the recent jump in rates could be viewed as a warning sign about more trouble ahead. At the very least, it proved that the market was willing to react to various inputs in logical ways. Last week’s chief example was the strong jobs report which did more than anything to accelerate the move higher in rates. Through a different lens, we could simply say the market was reacting to the inputs that were available at the time, and that it will continue to do so. That’s a fairly vague assertion, so let’s clarify . The key inputs are interdependent to some extent. It’s very easy to pin rate momentum on changes in bond buying policies from the…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Published On: August 12, 2021 / Categories: Mortgage News /

Subscribe To Receive The Latest News

Curabitur ac leo nunc. Vestibulum et mauris vel ante finibus maximus.

Thank you for your message. It has been sent.
There was an error trying to send your message. Please try again later.

Add notice about your Privacy Policy here.