Election Reaction Continues
Up-to-date information on the latest financial news.
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Up-to-date information on the latest financial news.
Read MoreMortgage rates ended the week slightly higher, and neither central bankers nor recent data caused much market reaction in the U.S. Bond purchases by central banks around the world have helped mortgage rates decline in recent years. As a result, comments from global central bankers often have a significant affect on U.S. mortgage rates. This was not the case for the October.
Read MoreOver the past week, comments from the European Central Bank (ECB) and stronger than expected U.S. economic data were negative for mortgage rates. As a result, mortgage rates ended the week higher.
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