As predicted, yesterday's Fed rate cut barely affected mortgage rates. However, markets are still pondering other Fed events that day.
A new report shows homeowners insurance premiums climbed nearly 70% over the past five and a half years.
The Fed altering its interest rate will likely affect mortgage rates only if the cut is bigger or smaller than expected. But its forecasts could be explosive.
Nearly one-in-four home buyers are single women. But only just one-in-ten are single men. And things might be set to get worse for guys.
Retail sales data for August are due this morning. Given the importance of consumer expenditures to the economy, they could affect mortgage rates.
Retail sales data tomorrow, a Fed rate cut due Wednesday, and a looming government shutdown, this could be a big week for mortgage rates.
Yesterday's consumer price index should have put a brake on falling mortgage rates. But it didn't.
This morning's consumer price index is likely to be one of September's most influential reports. So, strap in!