Mortgage rates for 30-year and 15-year fixed home loans moved higher, while 5/1 ARMs were unchanged today, according to a NerdWallet survey of mortgage rates published by national lenders Friday morning. The bond market, the major driver of mortgage rates, is still digesting the Federal Reserve’s latest meeting. It’s less about the everybody-knew-it-was-coming rate hike...
Mortgage Rates Friday, June 16: Mostly Higher As Bond Market Considers Fed Moves
Hal M. Bundrick, CFP, NerdWallet.com
Fri, 06/16/2017 - 8:10am
BING NEWS:
- Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Japanese Yen
The Fed’s monetary policy decision on Wednesday is likely to take center stage. Inflation figures will be watched from the eurozone and Asia.
04/26/2024 - 2:37 am | View Link - Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Fed officials typically keep a close eye on a measure that strips out food and fuel costs, both of which are volatile, to get a sense of the underlying inflation trend. That “core” measure increased ...
04/26/2024 - 2:26 am | View Link - A rate cut in June is still on tap because the job market is weakening, Citi economist says
Hiring activity could see a substantial slowdown later in the year, Citi economist Veronica Clark said.
04/25/2024 - 3:12 am | View Link - As Interest Rates Rise, Here’s What Money Market Investors Should Know
Recent inflation data, such as the Consumer Price Index, has not been supportive of the Fed’s desired narrative of an inflation rate on the decline.
04/24/2024 - 2:56 am | View Link - Understanding 30-Year Mortgage Rates: A Comprehensive Guide
Current trends in 30-year mortgage rates In the past couple of decades, it was pretty common to see 30-year rates in the 5% to 6% range. Pre-2000, rates were even higher, sometimes reaching double ...
04/23/2024 - 10:14 am | View Link - More
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