July 19, 2017

Overview: Weak data on retail sales and inflation set a positive tone for mortgage rates over the past week. Strong housing data had little impact. Mortgage rates ended the week lower.

The retail sales and inflation data released on Friday both fell short of the expecte...

July 12, 2017

Overview: Unexpectedly dovish comments from Fed officials were good for mortgage rates this week. There was little reaction to recent economic data. As a result, mortgage rates ended the week lower.

In her twice yearly testimony to Congress on Wednesday, Fed Chair Yelle...

July 5, 2017

Overview: The upward momentum in global bond yields, which followed hawkish comments from the European Central Bank (ECB), continued over the past week. The U.S. manufacturing data was also negative for mortgage rates, and rates ended the week higher.

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July 1, 2017

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