{"id":789668,"date":"2026-05-11T22:21:14","date_gmt":"2026-05-11T22:21:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/789668\/"},"modified":"2026-05-11T22:21:14","modified_gmt":"2026-05-11T22:21:14","slug":"mortgage-rates-rising-to-start-new-week","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/789668\/","title":{"rendered":"Mortgage Rates Rising to Start New Week"},"content":{"rendered":"<p>Last week was decidedly stronger for <a href=\"https:\/\/www.mortgagenewsdaily.com\/mortgage-rates\" rel=\"nofollow noopener\" target=\"_blank\">mortgage rates<\/a> as they either held steady or moved lower on 5 out of 5 days. All told, it was a 0.14% drop from the previous week in terms of the average top-tier 30yr fixed rate.\u00a0<\/p>\n<p>The new week is starting out in opposite fashion with rates moving up 0.07% today alone. This follows news over the weekend that Trump rejected Iran&#8217;s counterproposal to end the war. In general, the longer the war continues, the higher oil prices will remain.\u00a0<\/p>\n<p>Oil price don&#8217;t dictate rates, but there&#8217;s currently a lot of correlation due to inflation implications. Oil naturally impacts the cost to ship goods, so a rapid spike in oil prices increases inflation. Rates are based on bonds, and bonds hate inflation. In fact, inflation is technically a component of bond yields (aka &#8220;rates&#8221;).<\/p>\n<p>Despite the rocky start to the week, we&#8217;re not necessarily destined to move in one direction or the other. Everything depends on progress toward peace, or lack thereof. To a lesser extent, this week&#8217;s incoming economic data can also have an impact. Coincidentally, much of that data focuses on inflation for the month of April.<\/p>\n","protected":false},"excerpt":{"rendered":"Last week was decidedly stronger for mortgage rates as they either held steady or moved lower on 5&hellip;\n","protected":false},"author":3,"featured_media":789669,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,79,67,132,68],"class_list":{"0":"post-789668","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116558278642028037","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/789668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=789668"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/789668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/789669"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=789668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=789668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=789668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}