• Strong economic results, higher oil prices and inflationary fears are, once again, pushing mortgage rates higher.
  • Freddie Mac’s  30 year National Average fixed rate is 4.47% (still fairly low in historic terms).
  • News that the U.S. Treasury secretary is “considering” trip to China to discuss ways to defuse trade tensions between the two countries has been positively received by the markets.
  • First 2018 estimate of U.S. GDP will be out this week with the expectation of around 2%

WMN- 4.23.2018