‘Tis the Season for Gifting
· Mortgage Rates1 – After the excitement of last week, it was a relatively quiet week with our benchmark rate holding at 6.375% (6.414% APR). We did receive the final reading of Q3 GDP which showed that the US grew at a revised annual pace of 4.9%, down from...Fed Funds Rate: “Dot Plot Mania”
· Mortgage Rates1 – It has been a good week for rates! We started off with the November Consumer Price Index (CPI) report that showed year-over-year inflation declining from 3.2% to 3.1%. The Core rate, which strips out food and energy prices, remained at 4%...
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