Employment looking strong. William Dudley, New York Federal Reserve Bank president and a close ally of Fed Chair Janet Yellen, said in a recent speech that while some indicators look weak, he expects overall growth of about 2% for the year, and he expects further declines in the unemployment rate.
Mortgage rates today, March 14, 2019, plus lock recommendations Victor Burek, Churchill Mortgage Today’s Most prevalent rates 30yr FIXED – 4.75-4.875% FHA/VA – 4.5% 15 YEAR FIXED – 4.25%-4.375 5 year ARMS – 3.75-4.25% depending on the lender Ongoing Lock/Float.
· Trump is not wrong that the economy is doing pretty well right now – the unemployment rate is 4.1 percent, GDP growth is strong, and the stock market is, indeed, on quite a tear, with the S&P 500 already up about 6 percent this year alone. What he’s.
MBS RECAP: Post-NFP Bond Selling Looks Technical MBS RECAP: After Strong Start, Bonds Get Stronger on Tax Reform Ambiguities. US and german inflation data helped facilitate further bond market improvement in the morning hours, not to mention traders simply being lined up to buy more bonds after certain technical benchmarks were broken (like.
U.S Mortgage Rates – Mortgage Rates Slide Again as the fed turns dovish mortgage rates were back on the slide following the previous week’s 1st rise in 7-weeks. In the week ending 27th June, 30-year fixed rates fell by 11 basis points.
· The average rate on a 30-year mortgage loan was 4.13 percent last week, according to Freddie Mac, up from 3.54 percent just before the election. Follow.
· The Pentagon said on Tuesday that President Donald Trump’s celebration of U.S. Independence Day cost the military at least $1.2 million. The actual cost for the Pentagon is likely higher, since.
S&P futures rebounded 0.3% from the worst two-day selloff since Sept. 2016, and European and Asian stocks rose modestly from early weakness after Trump’s SOTU address did not deliver any major surprises, while traders were cautious ahead of the Fed’s last rate decision under Janet Yellen.
The law also slashed the mortgage interest deduction from $1 million to $750,000. Trump himself. activity, the modest rise in interest rates and the volatility of the market in the fourth quarter,”.
The latest Fed forecast in March showed that Fed officials expect the federal funds rate to peak at 3.4% in 2020, above the longer-run neutral rate of 2.9%. In her speech, Brainard seemed not.
· Instead, they can divide their monthly payment in two and send half every two weeks, effectively making one extra payment each year. And making one extra mortgage payment annually can shave nearly five years off a 30-year, $250,000 mortgage, assuming an interest rate of 3.75 percent.
Your mortgage rates are about to rise. And you can thank President Donald Trump for that. When America’s central bank convenes mid-week, it is almost a foregone conclusion it will push interest.
Mortgage Rates Today: Wednesday, March 22 Mortgage rates were unchanged on average today. although a day earlier than last time. That meant that Wednesday and Thursday saw improvements, leaving today to sort of waive in the wind by.