HomeLoans Blog

Over the last week, despite mostly unencouraging economic news, bond prices have dropped. This has put pressure to increase interest rates. And indeed rates lost some of the more recent improvement of August.

Most commentators think investors think that bonds have simply become over priced recenly.

If the economic news though continues to disappoint, and I think it will, bonds over the longer term should continue to move up. Meaning mortgage rates should continue to improve.