Today has nothing of importance scheduled for release, but the rest of the week brings us six more economic reports that may have the potential to influence mortgage rates. Those reports include inflation that will be highly important to the bond market. We saw plenty of movement in rates last week despite economic reports. Unfortunately for mortgage shoppers, that meant higher rates and this week looks the same. Therefore, please proceed cautiously as this could be another ugly week for rates. LOCK YOUR RATE IN!
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Leave a Reply
You must be logged in to post a comment.