Trump trades have likely been pushing mortgage rates higher recently. But key economic data this week could pull them lower or worsen the situation.
Mortgage rates caught a small break yesterday. But that may not herald a turnaround.
The drivers of higher mortgage rates appear to be getting stronger. We may be in for a bad patch.
Monday's sharp rise in mortgage rates probably was down to a Trump trade, implies The Wall Street Journal
Various theories attempt to explain yesterday's rate rise. But there's no certainty.
There's little among this week's economic reports that typically moves mortgage rates far. But might the Trump Trade return?
It will be a surprise if this morning's construction data move mortgage rates far.
If anything is likely to move mortgage rates this week, it's today's retail sales report.
