30-year fixed holds near 5.75%
Mortgage rates are still holding against pretty good October economic data, and against the Fed's obvious intention to raise its interest rate at least another percentage point as quickly as it can.
October industrial production doubled its forecast increase, up .7 percent, as did industrial capacity in use, up to 77.7 percent. October CPI and PPI core rates were just under control, up .2 percent and .3 percent respectively, but the energy-distorted nominals soared .6 percent and 1.7 percent.
READ MORE
No comments:
Post a Comment