Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week.
Mortgage markets worsened last week for the first time in a month last week.
For the third straight week, mortgage rates improved. This week’s jobs report threatens those gains, however.
Home affordability is receiving a boost from across the Atlantic Ocean this spring.
The year is half-over. It’s an opportune time to take stock of analyst predictions made at the start of the year, and to recognize that the “experts” can be wrong as often as they are right.