This week there will be key economic data coming out that will shed light on the state of inflation, housing, manufacturing, retail sales and consumer sentiment. While mortgage rates have maintained their lows in the past few weeks due to consistently poor performance by leading economic indicators (this is good for mortgage rates), it is [...]

Employment Situation Report Set to Move Mortgage Rates On Friday morning, the Employment Situation Report or Jobs Report will be released. While not the only economic report coming out this week (see Economic Calendar below), it presents the highest risk to mortgage rates and may set a tone moving forward as to which way mortgage [...]

While rates have come down in the past month, mortgage rates this week may be affected by multiple bond auctions that are taking place, any of which can sway the market dependent on their volume.  For this reason, the market will be moving forward with less certainty, which makes this week a great week to [...]