Mortgage Rates Were Flat This Week
Washington Post, Aug. 3, 2017–Kathy Orton
“It was an up and down time for rates last week in response to mixed economic news coupled with the Fed’s FOMC statement,” said Joel Kan, an MBA economist. “The statement outlined a mostly healthy outlook, with a slight concern over inflation and the news that balance sheet reduction could begin ‘relatively soon.’ As a result, mortgage rates were flat to slightly higher last week.”
