What Federal Reserve Chair Jerome Powell says at a news conference this afternoon could have a significant and lasting effect on mortgage rates.
There are no economic reports this morning. But a couple of things might still move mortgage rates today.
We're due a pile of economic reports today. But will they make much difference?
Trump trades return as markets respond to the president-elect's cabinet appointments and policy announcements.
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?