by Bill McBride on 4/10/2017 08:09:00 PM
Monday, April 10, 2017
From Matthew Graham at Mortgage News Daily: Mortgage Rates Slightly Higher, But Steady Overall
Mortgage rates rose slightly again today, despite moderate improvement in underlying bond markets. ... All that having been said, mortgage rate movement continues to take place inside an exceptionally narrow range. For the past 3 weeks, most borrowers would be quoted the exact same NOTE rate from most lenders, with the only variation coming in the form of upfront cost. The most prevalent top tier conventional 30yr fixed quote remains 4.125%, though several lenders are on either side of that by 0.125%.Thursday:
• At 6:00 AM ET, NFIB Small Business Optimism Index for March.
• At 10:00 AM, Job Openings and Labor Turnover Survey for February from the BLS. Jobs openings were mostly unchanged in January at 5.626 million compared to 5.539 million in December. The number of job openings were down slightly year-over-year, and Quits were up 11% year-over-year in January.
Posted by Bill McBride on 4/10/2017 08:09:00 PM