A slowing U.S. housing market and forecasts of weaker global growth in 2019 stoked traders’ unease. In October the market entered a volatile skid as traders sold technology. coupled with a steady.
On Wednesday, the government reported that new home sales sank a whopping 16.9% from January. The seasonally adjusted annualized rate of 250,000 was the lowest on record and 28% below the February 2010 estimate, the Commerce Department said. Demand for housing remains weak with unemployment still high, according to real estate agents and economists.
Mortgage rates today, May 2, 2018, plus lock recommendations Mortgage rates today, November 3, plus lock recommendations A rate lock guarantees that the lender will honor a specific interest rate at a specific cost for a set period. The benefit of a mortgage rate lock is that it protects the borrower from market.Mortgage rates today, February 1, 2019, plus lock recommendations Rate lock advisory. monday, July 1st . Monday’s bond market has opened relatively flat following a bit stronger than expected economic news. Stocks are starting the week with gains as they react to weekend news of a temporary trade truce with China in addition to this morning economic data.Daily Rate Lock Advisory Mort Mkt Wk Review dana bain june 24th, 2019. That is a concerning sign and may actually be a warning that higher yields and mortgage rates may be near. The day is still early, but closing above 2.0% today should be taken as a cautionary sign. —Guide to mortgage closing costs: Average mortgage costs and how to keep yours low Mortgage rates today, March 29, 2019, plus lock recommendations Current Home Mortgage Rates Comparison On May 27, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 4.00.