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)...
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...
Recent Comments