Mortgage Rates Today, Aug. 15, 2024: Retail Sales Bad for Rates
Today's retail sales data didn't do mortgage rates any favors. We'd been hoping for them to be below market expectations but they were above them.
Today's retail sales data didn't do mortgage rates any favors. We'd been hoping for them to be below market expectations but they were above them.
This morning's inflation report contained good news and (absent other factors) could send mortgage rates lower today.
Mortgage rates have steadied since last week's roller coaster. But another important report is about to be published that could again take rates for a ride.
Mortgage rates just dropped to 16-month lows. Here what happened and what mortgage shoppers should know.
Two highly significant events this week have the potential to set mortgage rates moving up or down for months to come.
Housing inventory is hitting 4-year highs. Higher mortgage rates have gone from a curse to a blessing. Is it time to buy?
The Fed could look to cut rates in September, but only if inflation numbers cooperation, some of which come out Friday.
The latest inflation reading could spell better times for mortgage rates. But the Trump assassination attempt could swing rates higher this week due to the "Trump Trade."