Rates Down Slightly Despite Heavy Dose of Data – Research

In their second estimate of the US GDP for the first quarter of 2019, the BEA reported that the US economy was growing at a +3.07% annual rate, down -0.11 percentage points (pp) from the previous report, but still up +0.91pp from the prior quarter.

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Rates Down Slightly Despite Heavy Dose of Data By Matthew Speakman on May. 1, 2019 Mortgage rates ticked down slightly this week, fluctuating within a narrow range for most of the last seven days after several key economic releases and news offered mixed signals about the state of the U.S. economy.

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Personal spending, however, rose only 0.2% missing the 0.4% expectation and the downwardly revised April print of 0.5% (from 0.6%). The yearly MoM averages have been 0.3% for income and 0.4% for spending so a beat on income but a miss on spending in May.

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What mortgage rate history can tell us about the future The US economy is expected to continue growing steadily over the next few years, outpacing many other western countries. About the nowcast now-casting.com uses statistical modelling to determine what individual economic data points tell us about the rate of growth. The nowcast chart (right) shows the model’s evolving prediction of GDP growth in the current quarter.

Despite a booming market, interest rate hikes and uncertainty in the age of Trump are giving even alternative lenders pause.

The post Rates Down Slightly Despite Heavy Dose of Data appeared first on Zillow research. mortgage rates ticked down slightly this week, fluctuating within a narrow range for most of the last.

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Check rates today and lock in your rate.. The average 30-year fixed mortgage rate is 4.27%, up 2 basis points from 4.25% a week ago. Mortgage rates are holding steady again today on the lower end of the spectrum for 2017. For that reason, we’re recommending that borrowers lock in a rate on a purchase or refinance.

Mortgage rates today, January 29, plus lock recommendations A list of current mortgage rates, historic mortgage rates, charts and interest rate news.. MND's Daily rate survey. 52 week. product, Today, Yesterday, Change, Low, High. Google Plus. Learn More. 30YR GNMA 3.5, June, 102-29, 0-05. 30YR GNMA 4.0. pending home sales Total, Jan'19, 103.2, 98.7, 4.56%, -1.05 %.