Mortgage rates today: 30-year fixed ticks up as bond market digests strong factory data
U.S. mortgage rates nudged up early Wednesday, with the average 30-year fixed-rate conforming loan ticking to 6.092%, per mortgage data firm Optimal Blue.
Today’s highest-ranked model selections.
The catalysts most likely to move markets.
A figure above or below the 12.0 consensus could impact Treasury yields, the dollar, and cyclical stocks by influencing short-term growth outlooks.
A reading above or below 33 will influence expectations for housing demand, mortgage rate trends, and homebuilder stocks.
Investors are focusing on revenue, margins, and comments on datacom as key factors for companies involved in optical networking and AI infrastructure supply chains.