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...
by corporateadmin | Jan 19, 2024 | Weekend Watch
· Mortgage Rates1 – The big surprise of the holiday-shortened week was Retail Sales, which rose 0.6% in December vs. expectations of 0.4%, and what is referred to as ‘Core’ Retail Sales (excl autos, gasoline, building materials, and food services) rose 0.8%,...
by corporateadmin | Jan 19, 2024 | Timely Topics
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