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.
This week, investors focused on international events as the eye-opening Brexit vote looms and United States-China trade deal makes progress.
Surprisingly, mortgage markets left this past week’s astonishing impeachments talks ignored after news of President Trump's inquiry.
As the housing market shows new, encouraging data this week, it still faced overshadowing from Wednesday's Fed meeting.
After a large decline in 2019 to the lowest levels in several years, mortgage rates finally reversed the trend due to this week's reports.
Mortgage rates saw little change after mixed economic data this week as investors look towards major central bank meetings later in the month.
August ended quieted as trade tensions eased this week. In the last week of the month, mortgage rates remained relatively stable.
In a remarkable time for the financial world, the latest state of the markets shows trade uncertainty among the U.S. and China.
This week, the Core Consumer Price Index showed inflation on the rise. Overall, this reflected negatively for mortgage rates.