Rates pretty flat last week, but today we are seeing a significant worsening as inflation and retail sales. We are still Trading in a narrow range, but with more inflation news on the horizon we are anticipating rates continue to rise this week.

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In this Blog:

• FHA News about Mortgage insurance
• Realtor stealing drugs.
• Mortgage rates
• Social Median Postings

Mortgage rates were pretty much flat last week, as the holiday preventing trading and everyone was wondering the effect of the trade war. Also there were no economic Tweets from Trump as he focused on his Supreme Court decision. This week we will focus on Inflation at the Consumer Level. Rates are worse this morning and we anticipating them worsening as the work progresses.

After a pretty WILD week for the stock market and rates, rates increased a little. And typically, with the stock market down over 1000 points, rates would of improved a TON, but inflationary news is keeping rates on their upward movement.