April 10th, 2026 4:52 PM by T. Fanning
Hello! I hope all is well!
Mortgage rates eased a bit this week after climbing recently, helped in part by news of a ceasefire that reduced some global uncertainty and gave the bond market a boost. Strong economic data—especially around jobs—kept rates from falling too much, but overall there was a small step in the right direction for borrowers compared to last week’s highs.
Next week has a few economic reports coming out, but only one really carries a lot of weight for the markets. Most of the data is only moderately important, so it probably won’t move mortgage rates much. We’ll also be keeping an eye on news and any progress in Middle East peace talks. Things kick off Monday with March’s Existing Home Sales report, which gives a look at how the housing market is doing.
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