Mortgage Rates Started Higher, But Ended Lower
Low Volatility Session Ahead of Fed Day 4 out of the year's 8 Fed announcements include an updated dot plot (i.e. a chart of each Fed member's projection for the Fed Funds Rate at the end of the next few years). Dots have come to be viewed as one of the biggest
Mortgage Rates Hold Steady Over The Weekend
Mixed Reaction to Retail Sales Makes For a Boring Monday Despite coming in much weaker than expected, Retail Sales (the day's only big-ticket market mover) didn't provide much help for bonds. The catch was that the key internal component (the control group, aka
Mortgage Rates Hold Very Steady, Yet Again
Despite some ups and downs on a small scale, mortgage rates have been sideways in the bigger picture. That's a good thing if the latest refi application data is any indication. Demand is at the highest levels since October as rates have generally been holding near mid-October levels. Today was
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