Real Estate & Mortgage news
Mortgage prices have improved a little this morning (and the 10-yr is at 4.66%) but were slightly worse yesterday after a report showed manufacturing in New York reached the highest level in three years (aren’t we a service economy?). The factory report adds to expectations that the Fed will stay on hold.
NEW PLAN - […]
Economic Report Released Today
“The only economic report released today was the New York Empire State Index for September, which came in less than expected and Mortgage Bonds had little reaction. All eyes and ears are now focused on tomorrow’s Federal Open Market Committee meeting.