·         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...

·         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...

·         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...

·         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...

·         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...

·         Mortgage Rates1 – The release of the Consumer Price Index was the focal point of economic data this past week.  While the headline number came in slightly above expectations, the CORE CPI...

·         Mortgage Rates1 – Another holiday shortened week, but this one had a whole lot of jobs reports for the market to dig its teeth into.  ADP and BLS reports showed a modestly better...

·         Mortgage Rates1 – It was a short week with little economic news being released to impact mortgage rates and our benchmark rate held steady at 6.375% (6.411% APR).  Initial Jobless Claims,...

·         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...