Mortgage Market Update 2/8/18

Mortgage rates moved higher Thursday following the release of stronger than expected economic data.  This morning, weekly Jobless Claims fell to 221,000, well below the consensus forecast of 235,000, to the lowest level in 45 years.  Stocks moved lower on growing concerns about rising interest rates.  Results from today’s 30-year Treasury auction will be released at 1:00 PM.

Leave a Reply

Your email address will not be published.

Back to top