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via mortgagenewsdaily.comEconomy

Mortgage rates move slightly higher after stronger economic data

FROM THE WIRE · MORTGAGENEWSDAILY.COM

Well... they can't all be winners. It seems as if rates could do no wrong over the past 3 days with each marking the lowest level in more than a month for the average top tier 30yr fixed rate. Today wasn't a winner, but it wasn't exactly bad. Apart from the past 3 days, today…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMortgage rates track Treasury yields, so they matter for the bond market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The average top tier 30-year fixed rate rose 0.03% day over day.
  2. 02In the previous three days it had hit its lowest level in over a month.
  3. 03A 0.03% daily move is considered not particularly significant.

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