Housing Sector Picks Up with New Home Construction on the Horizon
As the housing sector picks up, mortgage rates remained relatively quiet this week as the trade negotiations with China offered little news.
As the housing sector picks up, mortgage rates remained relatively quiet this week as the trade negotiations with China offered little news.
The United States-China trade talks face hurdles, generating a favorable impact for mortgage-backed securities this week.
As the housing market shows new, encouraging data this week, it still faced overshadowing from Wednesday's Fed meeting.
Mortgage rates saw little change after mixed economic data this week as investors look towards major central bank meetings later in the month.
This week, the Core Consumer Price Index showed inflation on the rise. Overall, this reflected negatively for mortgage rates.
The United States faces strong job gains alongside the Fourth of July weekend, making for a very volatile mortgage market.
This week, the Mexican trade deal agreement caused market volatility. However, the net effect of all the news remained minor.
As the U.S. realized weak labor market data, it saw job gains tailspin unexpectedly, leaving a favorable impact on mortgage rates.
This week, the real estate market faced mixed new home sales data while the trade tensions left a positive effect for mortgage rates.
This week, the Employment Report on Friday showed a healthy economy. Beyond that, investors also watched Wednesday’s Federal Reserve meeting.