Source: Kevin Litwicki MBSLIVE
From Snooze to Surge: Big Data Week Could Rock Mortgage Rates
Mixed Inflation Data Overshadowed by Headline Drama
It was a hotly anticipated week, mainly due to the scheduled release of important inflation data on Tuesday, but the rate market almost got more than it bargained for thanks to unexpected headlines the following day.
Source: Kevin Litwicki MBSLIVE
Mixed Inflation Data Overshadowed by Headline Drama
After Holiday Hangover, Rates Are Ready to Get Serious About Inflation Data
Mortgage rates partied hard for most of June and into the middle of last week–right up until stronger economic data killed the vibe. The resulting bounce in rates carried momentum through to the beginning of this week, but from there on out, things were broadly sideways.
Source: Kevin Litwicki MBSLIVE
After Holiday Hangover, Rates Are Ready to Get Serious About Inflation Data
Rates Take a Breather After Surprisingly Strong Jobs Report
After a few good weeks for interest rates, things hit a bit of a speed bump this week thanks to a stronger-than-expected jobs report.
Source: Kevin Litwicki MBSLIVE
Rates Take a Breather After Surprisingly Strong Jobs Report