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MPA weekly poll: How optimistic are brokers about the current market? | Mortgage Professional a).length == 1) { googletag.pubads().enableSingleRequest(); } else { googletag.pubads().enableLazyLoad({ fetchMarginPercent: 50, renderMarginPercent: 50, mobileScaling: 2.0, }); googletag.pubads().addEventListener(‘impressionViewable’, function (event) { let adUnitPath = event.slot.getAdUnitPath(); if (adUnitPath != ‘/21873781324/mpamag/mpamw/ros/mpamw_ros_640x480_pre’ && adUnitPath != ‘/21873781324/mpamag/mpamw/ros/mpamw_ros_300x250_pos’ && adUnitPath != ‘/21873781324/mpamag/mpamw/ros/mpamw_ros_oop_catfish’ && adUnitPath != ‘/21873781324/mpamag/mpamw/ros/mpamw_ros_adhesion’) { setTimeout(function () { googletag.pubads().refresh([event.slot]); }, 30 * 1000); } }); } googletag.enableServices(); }); ]]>
- Market Updates
Click to go to our LinkedIn poll and comment your thoughts
Geopolitical turmoil over the last couple of weeks has caused oil prices to spike, leading to increases in Treasury rates. This has caused mortgage rates to jump from the high-5s to the mid-6s.
While higher rates have caused concern in the mortgage industry, perspective is always important.
On this date last year, Freddie Mac listed the 30-year mortgage rate at 6.65%. When the latest numbers were released Thursday, it was at 6.38%. With that said, what is your level of optimism about the market compared to this time last year?
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