by corporateadmin | Feb 23, 2024 | Weekend Watch
· Mortgage Rates1 – Not much new news this week on the mortgage front. Aside from residual impact from the ‘next level’ analysis of last week’s CPI data that highlighted shelter costs rising 6.0%, this week was focused on the release of the Federal Reserve...
by corporateadmin | Feb 16, 2024 | Weekend Watch
· Mortgage Rates1 – It was another rough week in the mortgage markets. Stronger than anticipated January Consumer Price Index (CPI) data pushed mortgage interest rates higher early in the week – a wake up call for the markets and anyone thinking that the...
by corporateadmin | Feb 9, 2024 | Weekend Watch
· Mortgage Rates1 – Last week, I said that “We will likely give back some of the gains”… and I guess the market was listening. Despite a very quite week for economic data, the markets moved against us on the heels of Chairman Powell’s 60 Minutes interview...
by corporateadmin | Feb 2, 2024 | Weekend Watch
· Mortgage Rates1 – This past week was marked by the first FOMC meeting of the year in which Fed Chairman Powell confirmed that the committee believes that its Fed Funds Rate has reached its peak. What might have otherwise been a big win for the mortgage...
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