TABLE OF CONTENTS
RATE RECAP ⏪
--------------
The +/- shown in the Rate Price Index represents how the pricing of mortgage rates changed during the time series.
Learn more and explore additional time series at the LendZen Index Substack.
WEEK AHEAD 🗓️
----------------
Mortgage rates finally came up for air on Friday after a weaker than expected jobs report sparked a strong bond rally.
Despite the positive trend unfolding, there is little time to catch our breath.
It is a jam-packed week led by the Consumer Price Index and Producer Price Index, followed by retail sales on Friday.
Meanwhile, plenty of uncertainty remains around the latest peace talks involving Iran.
Although economic data has recently resuscitated bond prices, the Strait of Hormuz remains the choke point for mortgage rates.
Since the conflict began, the price of mortgage rates has risen 270 bps, or $2,701 per $100K of loan amount.
Thanks for reading…
If you want to shop real-time mortgage rates and get instant qualification results without providing any contact information visit LendZen.com
The below snapshot is just a glimpse of today’s rates, but the pricing you see is exactly what you get - there are no additional lender fees or origination charges.
LendZen Inc. is an equal opportunity mortgage lender, NMLS 375788