Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week.
Mortgage markets worsened last week for the first time in a month last week.
For the third straight week, mortgage rates improved. This week’s jobs report threatens those gains, however.
Home affordability is receiving a boost from across the Atlantic Ocean this spring.