Mortgage rates have improved ever so slightly, to 6.25 percent with the lowest fees, but not because of any change in the economy, just the conclusion of a weeklong borrowing binge by the Treasury.

I think that mortgage-rate risk is still tilted upward, unless and until news of a significant economic slowdown, especially in the labor market.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top