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Rates Are Better Today, But Not Back to 1-Year Lows

(Mortgage News Daily) - 3 months, 1 weeks ago
 Posted To: Mortgage Rate WatchMortgage rates recovered today after rising to the highest levels in a week as of yesterday. The improvement followed a much-weaker-than-expected Retail Sales report--something investors have been waiting on for nearly 2 months due to the government shutdown. Retail sales comprise an important part of economic activity, and the economy is one of the biggest considerations for interest rates. Generally speaking, economic strength pushes rates higher, all other thing ...
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