Mortgage Rates Quickly Find Themselves at 1 Month Highs

Home / Blog / Mortgage Rates Quickly Find Themselves at 1 Month Highs

Posted To: Mortgage Rate Watch

Mortgage rates continued higher for the 5th day in a row today. This brings the average lender to the highest levels in exactly one month. At issue: a series of stronger economic reports at home and abroad have eased concerns about global growth. Not only is a strong economy associated with higher rates in general, but those "concerns" were a big part of the Federal Reserve's decision to be more bond-friendly back in March. With concerns arguably lessened by recent data, investors may be assuming the Fed won't be quite as bond friendly going forward. All that having been said, the Fed is NOT likely to make any big changes after one solid month of global economic data. The most immediate cause for pressure toward higher rates came overnight in the form of Chinese economic data. Along with Europe...(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...

2ff701de 5003 4c92 8f9d 025eea477a75 2ccc8876 5a35 4a7c 9f5a 563bc14443ea 871b1e92 9743 47f0 9ea9 2a1adcec4df0 81ca4f87 0a95 41d5 b1ae 31243db59f24 5d059892 05bd 4413 a54d 07cdf2b13928 677ad509 3ddf 402f 9496 033619632a18 48c0afcd 53b4 492f bcd6 56a684193b3c 9cd91c9f f8ba 40e7 b346 7aaa722bc3b6 a2e3f5bd 3c67 4ac0 aa7c cf332dd595e5 f44cb2b1 80d4 4dc6 8498 2d25d709cb21 a669bb74 3ced 4ce3 9d31 d987adffb2a6 437c313b 0dde 482d aa6c e73e74f85963 591bd53b 428e 4e07 b66c d601ebd6dafd abcb51e3 8691 43b9 a00a 7d7b68582bd9 93860fb8 7140 4f0e b41f d8a4fd291c05 056a4708 d918 47d6 9ed0 b2b99c8bc492 749a4b7d b052 4f76 acc1 79bcdd98feb6 2c479b5a 2499 4561 bafb 0c6edee9b700 72426526 ed5b 4ce9 87a2 5c9e0efcaab2 db1b03e8 b6c6 4bb6 ae4c e88114d54a9f 50aa5fc1 dd9c 4332 ba98 8f5d14a727de ef89cbd7 a095 466b a530 a82dc3f8a83b 88825514 439b 4bab 8025 c85a0caf2bfc