After a welcome period of calm, four things have the potential to generate volatility for mortgage rates this week.
Yesterday, Fannie Mae and the Mortgage Bankers Association published their latest forecasts for mortgage rates. And they're less upbeat than they were last month.
Today, mortgage rates are where they were the day before the election. But they could begin to rise in the medium and long term.
Markets can be highly sensitive to geopolitical scares. So, how come they barely blinked yesterday?
Nobody still has a clue what a Trump presidency will mean for the economy. But optimists and pessimists seem to be learning to live with the uncertainty.
Chances are, movements in mortgage rates this week will be driven mainly by markets continuing to get their heads around the election's implications.
The Federal Reserve is reviewing its plans for future cuts to general interest rates. And that could affect mortgage rates, too.
Mortgage rates barely moved yesterday. But has Wall Street's giddiness passed? Or is there more volatility to come?
