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DFW Mortgage Market Update June 9

Mortgage price charts have seen a good move up since April with a little bit of a “regular roller coaster” which is seasonally normal. We are sitting in the middle of a trading range with a very tight window that combines support with up resistant.
Last week the economic reports were soft, but we are seeing incredible job opportunities plus a strong buyers market. Light economic reports this upcoming week.

Technical will continue to drive the market. The last report from the Fed they raised the rates but mortgage rates have remained steady.

As always feel free to let me know if I can help answer any questions you may have.

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