This is an opportunity. But you’ve got more time and we’re feeling more encouraged about the prospects for lower rates in the next 15-20 days. sit tight for now, but remain very cautious.
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News analysis and perspective from National Mortgage News, an award-winning comprehensive digital resource serving the entire residential mortgage industry.
Mortgage Rates Not Interested in Any of Today’s Drama – At one point today, there were three apparently important events dominating. and-you guessed it-congressional testimony from Lighthizer on US /china trade policy. mortgage rates are determined by. Mortgage Rate Today Vs Yesterday – Mortgage Rate Today Vs Yesterday – Compare.
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This shows that the announcement days are approximately 56% more volatile than all other days. The impact of the FOMC’s commentary on monetary policy and, as a result, mortgage rates, is clear as some of the largest movements over the last two years cluster around the end of FOMC meetings.
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