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Monthly Archives: April 2018

Mortgage Market in Review – April 16, 2018

    Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. We started with slightly higher rates early Monday morning as global equities had a solid showing. US and China trade tensions continued to dominate headlines and swung stocks back and forth. Producer prices rose 0.3% versus the expected […]

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Mortgage Market in Review – April 9, 2018

    Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates.  We started with higher rates early Monday morning but that reversed as stocks stumbled.  Global equities were shaken as US and China trade tensions escalated.  The Institute for Supply Management (ISM) printed at 59.3 which did not move […]

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Mortgage Market in Review – April 2, 2018

    Market Comment Mortgage bond prices finished the week higher which put downward pressure on rates. Stocks were very volatile as trade war fears subsided and renegotiated trade deals emerged. The economic data was mixed which pushes additional Fed rate hikes out in time. Consumer confidence was 127.7 versus the expected 130 reading. Q4 […]

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