HomeLoans Blog

Mortgage bonds appear to have hit a low last week, meaning rates reached a high level. That is at least temporary.

For the last few days we have seen an improving bond market. Today though we may have reached a bond high. This week's reports on Producer Prices and Comsumer Prices gave some indication of an increase in inflation.

That may have put a brief stop on additional improvements in mortgage rates.

The good news of course is that rates are still at very low levels, and all indications are that the trend of increasing rates has at least been slowed down this week.