Mortgage Rates Avoiding Drama Ahead of Fed Week

Mortgage Rate Trends: Higher Ahead Of Fed. With a great deal of anticipation on Wednesday’s Fed meeting, it’s no surprise that there’s some volatility in mortgage rates this week-Monday saw rates creeping higher ahead of the Fed; there is much speculation about the potential for the first interest rate hike by the Fed since 2006.

Mortgage rates. Next week brings the normally-hotly-anticipated Jackson Hole symposium, but with monetary policy for both the Fed and the european central bank essentially an open book of late,

Mortgage rates crept slightly higher this week, holding out in the lower 4% threshold. Markets are treading water so to speak as they brace for ripples from the Fed and the April jobs report. Markets are treading water so to speak as they brace for ripples from the Fed and the April jobs report.

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