A Truly Uncanny Week For Mortgage Rates

The consumer financial protection bureau (cfpb) has served subpoenas to American International Group Inc, MGIC Investment Corp. Genworth Financial Inc and Radian Group Inc, the companies said in.

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Mortgage Rates Hold Steady at 3-Week Lows. Mortgage rates stayed steady at the lowest levels in more than 3 weeks as financial markets are still accounting for additional risks relating to Turkey. Simply put, Turkey is in the midst of a debt/currency/banking crisis and investors are worried about.

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Mortgage Rate Forecast. The Latest in Mortgage News – 2019 Forecasts. all of the big banks have now hiked their posted rates since last week by up to 20 bps on fixed terms. Among the changes, RBC, TD, mortgage rate forecast mortgage rate trends 0 min read. Rate Estimates Get Chopped.

The chart below depicts the yield curve, as measured by spread between the 10-year and 2-year treasury yields, (blue line) and equity returns (grey line). The yield curve has been an uncanny recession forecaster. It has inverted ahead of every single recession, and ahead of major equity bear markets.

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Mortgage Rate Trends: Weekly Market Commentary & Forecast. Relative to last year or even earlier this one, an acceleration in spending is evident, with retail sales now rising by 6.4% over the last 12 months, up from just a 3.9% pace as recently as January. Core retail sales are cruising along at a solid 5.4% clip.

Mortgage applications surge as rates drop A reverse mortgage is a financial tool, and like any other financial tool, it is wise to consider any reverse mortgage pros and cons. This is especially the case. This is especially the case. I also want you to check this out, from bankrate.com: Should you get a reverse mortgage?

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