November 1, 2017

Overview: Over the past week, mortgage rates reacted favorably to news regarding tax reform and the expected choice for the next Fed Chair. The economic data had little impact. As a result, mortgage rates ended lower.

Talk about potential candidates for the next Fed Cha...

October 25, 2017

Overview: The two-month trend toward higher global bond yields continued over the past week, mostly due to the anticipated monetary policy tightening by the European Central Bank. Progress on tax reform in the U.S. was also negative for mortgage rates. As a result, mor...

October 18, 2017

Overview: During a relatively quiet week, investors focused on major reports on inflation, retail sales, and housing starts. The data was mixed, and mortgage rates ended with little change.

The economic data for September should be evaluated with an eye toward the impac...

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