Home›Real Estate›Mortgages›Mortgage rates slip on light economic data

Mortgage rates slip on light economic data

Movements were small, with any market effect from oil price changes tied to Iran-related shipping disruptions described as possible but not proven.

Reported · Written up by our desk · Mortgages

Mortgage News Daily said mortgage rate movement has been modest, with Monday strength since erased by Tuesday weakness.

The outlet added there were no obvious catalysts, though some observers may attribute a portion of the move to oil-price effects following Iran attacks on commercial ships in the Strait, and it also noted an unrelated item about Amazon filing for a large corporate bond.

More like this

Sources