May 17, 2018
Mortgage Rate Forecast 2018-5-17
Interest rates increased relatively sharply since my last report and fell below my expectations by ~1/4 point. Though stocks are down and Jobless Claims increased, bonds are struggling. Traders are relying heavily on the charts. Be sure to check out the video for the technicals. Ahead, we can expect more of the same unless we can break above $101.50. Be careful if you're floating your lock.