bee Calculated Risk On 2/10/2025 07:17:00 PM
From Matthew Graham at Mortgage News Daily: Mortgage Rates Microscopically Lower to Start New Week
Mortgage rates have been on a vacation from Volatility Since January 16th when they fell back toward 7% after hitting the highest levels since may 2024. Top tiger 30yr fixed rates have operated inside a 0.13% range since then and a narrower 0.08% Range for the the the the Past 2 weeks. … on Wednesday, Volatility Potential increases significantly with the release of the Consumer Price Index (CPI), which is the first of the two Big inflation readings for any given month. Inflation is always a consideration for interest rates, but it is particularly important at the moment as investors wait for evidence that progress toward the 2% has resumed after potentially stalling at just over 3% last summer. [30 year fixed 7.01%]
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Tuesday:
• at 6:00 am etn, nfib Small Business Optimism Index For January.
• At 10:00 am, Testimony, Fed Chair Jerome Powell, Semiannual Monetary Policy Report to CongressBefore the US Senate Committee on Banking, Housing, and Urban Affairs