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Mixed Messages from Fed The economic data had little impact on mortgage rates over the past week. Mixed messages from the Fed caused some movement. For the week, mortgage rates ended just slightly higher. Mortgage rates responded to comments from several Fed officials, creating some volatility du...
The most significant economic report released over the past week, retail sales, fell far short of expectations, which was good for mortgage rates. A decline in bond yields overseas also helped, and mortgage rates ended the week lower. On the heals of a much stronger than expected July jobs repo...