by corporateadmin | Mar 29, 2024 | Weekend Watch
· Mortgage Rates1 – A mixed bag of economic data highlighted by upward revisions to Q4 2023 GDP has seen pundits shift their commentary to a ‘no landing’ scenario (vs. a ‘soft landing’). In essence, suggesting that the Fed may be justified keeping the Fed Funds...
by corporateadmin | Mar 22, 2024 | Weekend Watch
· Mortgage Rates1 – The markets breathed a collective sigh of relief following Fed Chairman Jerome Powell’s post-meeting comments – alleviating concerns that the Fed may be justified in keeping its benchmark Fed Funds Rate at current levels for a more extended...
by corporateadmin | Mar 15, 2024 | Weekend Watch
· Mortgage Rates1 – Just when it was starting to look like the markets were settling down, a fresh round of CPI and more significantly, PPI data put us back in our place. The reason the PPI data (which came in up 0.6% month-over-month, twice what was...
by corporateadmin | Mar 8, 2024 | Weekend Watch
· Mortgage Rates1 – A steady stream of ‘not so good’ economic news, a big ‘nothing burger’ coming out of Fed Chairman Powell’s semi-annual congressional testimony, a few words from the European Central Bank citing weaker inflation, and some ‘middle of the...
by corporateadmin | Mar 1, 2024 | Weekend Watch
· Mortgage Rates1 – A glimmer of positive news on the mortgage front this week. A slight downward revision to Q4 GDP that put us at a 3.2% annual growth rate helped temper concerns about inflation. Together with PCE data (Personal Consumption Expenditures)...
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