William J Rapp Jr NMLS# 228246 Licensed to do business in
AZ, CA, CO, CT, FL, GA, IL, LA, NJ, OK,PA, TX, & VA.
Network Funding, NMLS # 2297
9700 Richmond Ave Ste 200 "An equal housing opportunity lender.”
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Posted on October 12, 2018 - 04:02 PM
by BILL RAPP
The big news this week was a major selloff in the stock market, with the Dow down more than 1,000 points. Normally that would be positive for mortgage rates, but this time the impact was minor. It is common to see mortgage rates fall when the stock m...
Since it raises the outlook for future inflation, the stronger than expected economic data released this week was bad news for mortgage rates, and rates reached their highest levels in many years. The biggest surprise in the data released this week came ...
The big news over the last 72 hours is the US-Canadian trade agreement (reached late Sunday night) that will preserve the trilateral NAFTA pact (although NAFTA will be renamed). Rates were unchanged Friday with market news centering around President Trump...