Mortgage Rates Holding Near Recent Lows Ahead of Retail Sales Data

Home / Blog / Mortgage Rates Holding Near Recent Lows Ahead of Retail Sales Data

Posted To: Mortgage Rate Watch

It's been a while since the bond market (which dictates rates) has been able to digest what we would consider to be a "top tier" economic report. Why do we care about such things? Simply put, economic data is one of the key considerations for bonds. Stronger data tends to promote bond selling and thus higher mortgage rates . Conversely, when the data is weaker than expected, it generally coincides with rates holding ground or moving lower. The "all other things being equal" caveat is imperative when it comes to economic data's impact on rates. There are certainly other factors that can supersede even the most important reports. That said, the other things are rarely scheduled in advance unless we're talking about monetary policy updates from the Fed or other major central banks. So will tomorrow...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

3c57456c 477f 4758 81a3 4b59fc112c68 2498a3e0 5a95 4d42 a724 6ada158e5229 4aea9c9b a97e 457c 8b8f 39e0c5cfbb72 cdfc23e9 6ba9 4df3 95ad 6b6ef3344bf5 faef2714 cd06 4734 a790 2bfca01df565 a8e6de99 9969 454f 8c8e ddcc1e6bd043 7c277cb0 9a49 4226 ad93 7d55ec24867e 52441bd1 f706 4191 a89f 9934d334738b bb3f05e6 9aa3 416f b510 9f6b40936327 33c7030c 814c 4010 8f49 83ff50a20073 db12e828 32c1 4407 8367 3013f6694c58 0cf01a7e 0af6 4907 8311 8994892ab8c3 7d4a12dc 16cb 4e3f 9c5f c9db164803a9 2d2f7ead 9de0 48cc a8a4 8aa08849eead f7afd96c 5baa 4bea 9bb8 a33735cdb08e 1960e131 0f32 492f 9dbf 2acd78ee9544 67fc979f 3ab4 4203 8506 9ccd550badd3 32603247 4186 4052 b351 6f492f18d20f 5f18f09e 2a08 4764 b97b 0fb3cee7d267 9d53e352 4bf8 409a 8d20 959af52a2181 ff9a3509 820a 4177 9932 7eb0c7480803 6c3d5706 d981 4d8a a182 a17ba04dfbba 4d91a4b7 441c 49fe bed4 4a66c10201c0