Monday, January 14, 2019

Mortgages Rates: 30 Year Fixed at 4.5%

by Calculated Risk on 1/14/2019 06:26:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Unchanged to Start the Week

Mortgage rates held their ground today, keeping them in line with long-term lows achieved over the past 2 weeks. To be fair, it was the previous week that offered the biggest benefits, but last week was no slouch. Factoring out the first few days of January, it would have been the best week for mortgage rates since April 2018. [30YR FIXED - 4.5%]
emphasis added
• At 8:30 AM ET: The Producer Price Index for December from the BLS. The consensus is for a 0.1% decrease in PPI, and a 0.2% increase in core PPI.

• At 8:30 AM: The New York Fed Empire State manufacturing survey for January. The consensus is for a reading of 12.0, up from 10.9.