Current Issues in Economics & Loan Rates
GDP, Jobs reports, Fed rates adjustments all influence the cost of money (aka long and short rates). When the Fed announced the last rate adjustment, we all expected mortgage rates to follow. However, the market is contrary to public opinion (at least right now; recall info on the economy and money is very time sensitive).
According to Lorenzo Tanos of ModernReader.com: on 28-02-2016 he comments:
Mortgage rates KEEP going down