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Monthly Archives: June 2017

Mortgage Market in Review – June 12, 2017

  Market Comment Mortgage bond prices finished the week slightly lower which put a little upward pressure on rates. Rates were higher Monday as a Fed official primed the markets for future rate hikes. Philadelphia Fed President Harker stated that he is confident inflation will hit 2% by the end of the year. Rates were […]

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Mortgage Market in Review – June 5, 2017

    Market Comment Mortgage bond prices finished the week near unchanged which kept rates in check. Rates started again slightly better through Wednesday evening. The data was mixed. Personal income rose 0.4% and spending rose 0.4%. Both increases were as expected. Core PCE, the Fed’s preferred inflation gauge, rose 0.2% versus a 0.1% expected […]

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