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And that was clearly evident this week as we saw yet another decline in Initial Jobless (Unemployment) Claims and the rate at which people are being fired from their jobs. Bottom line: the economic resurgence has put upward pressure on rates this past week, but they remain near 12-month lows.
This Week’s Market. The chart above from our in-house library is a comparison of the S&P 500 Index with the short-term 5-week moving average of NYSE weekly new 52-week lows using weekly-close data since May 23, 2008 The 5-week moving average has been multiplied by a factor of 2 on the chart for scaling purposes.
And when Bonds are concerned, when prices decline, home loan rates go up. The heavy supply hitting the market caused some wild volatility for rates midweek, but overall home loan rates managed to find some improvement by the end of the week. However, it won ‘ t be long before another enormous supply of Treasuries comes on the market.
US long-term mortgage rates little changed; 30-year at 3.82% US long-term mortgage rates little changed; 30-year at 3.82% – Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage held steady from last week at 3.82 percent, its lowest point since September 2017.
MMG Weekly: Another week, another decline. Fed cuts and home loan rates. join gold star.. MMG Weekly: The Fed throws a party for Stocks and Bonds. Things slow down a touch, and we explain why home loan rates will stay low. Join Gold Star is feeling positive.
[API/S] U.S. crude inventories were expected to have fallen 3.5 million barrels last week, the eighth straight weekly drawdown. processed record amounts of oil. C-STK-T-EIA “Another decline in U.S..
News An appreciation for the Jones Act on Independence Day Diesel average sees another week of declines Port of Oakland terminal tenant lauds virtues of "hybrids" Special maritime tribute to U.S. independence staged by CMA CGM Group AAR reports volume declines for week ending June 22 More News
Weekly Bulletin for the Week of 4-2-18 Larry Iest.. Usually a sharp decline in the stock market would help mortgage rates improve.. This is another week with a slight improvement in mortgage.
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The U.S. land rig count dropped by another 13 units for the week ending March 11 when there was an exodus of horizontal rigs that saw Texas leading declines among the states. The land rig decline.
Weekly review of the Hip-Hop and R&B sales/charts. Another week, another great showing from R&B artists on the sales charts. Drake’s boy and fellow Toronto artist The Weeknd managed to nab the.