Friday: Ugly GDP, Chicago PMI, Consumer Sentiment

From Matthew Graham at Mortgage News Daily: Mortgage Rates Microscopically Lower Mortgage rates barely budged today. Those that budged moved almost imperceptibly lower from yesterday's latest rate sheets. In general, there was simply very little movement in underlying markets and lenders' rate sheets matched the tone. [ Rates at 4.0% ] Ironically, Freddie Mac's weekly rate survey results came out this morning indicating higher rates. Keep in mind that the Freddie survey receives most of it's responses early in the week and then reports on Thursday mornings. That means that any changes in......(read more)

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