Volatile Crosscurrents Keep Mortgage Rates Relatively Flat
By: Mortgage News Daily | Published: 2026-03-06 20:24:00 | Source: www.mortgagenewsdaily.com
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Before this morning’s jobs report was released, mortgage rates were on track to end the week at their highest levels in several weeks. This was due to an ongoing mega-spike in oil prices spilling over to the bond market (higher oil = higher inflation implications, and bonds hate inflation).
The jobs report saved the day, albeit in a morbid way. It was one of the weakest jobs…
