economy

5 reasons mortgage rates (probably) won’t be lower than right now

     
5 reasons mortgage rates (probably) won’t be lower than right now

The data and economic developments of the past week came fast and furious: Treasury yields broke through the 3 percent ceiling, housing data and consumer confidence impressed, gas prices moved higher, and even North Korea surprised the world with a historic step toward peace and economic prosperity on the Korean peninsula.

Why does it all matter? These headlines all point to inflationary pressure and economic growth. For investor and analysts, these are also signs pointing to more interest rate hikes by the Federal Reserve and increased likelihood bond yields will keep rising.

Continue reading 5 reasons mortgage rates (probably) won’t be lower than right now at Movement Mortgage Blog.

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