Mortgage Update February 2017

Rising Rates, Higher Prices, and Record Low Inventories
 

By MarketNewsletters.com on Jan 27, 2017 03:04 pm

Although the first three weeks of the year weren't inconsequential, investors were understandably eager to react to Trump's first week in office. One of the most notable developments was a break higher for stock prices after weeks of stagnation. This had the unfortunate effect of pushing bond yields (aka "rates") even higher.

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Hugh W. Page
Mortgage Banking Officer

M.B.A. - NMLS#93420
772-486-6381 Cell
Hugh.Page@SeacoastBank.com
www.hughwpage.com
 

 

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