·         Mortgage Rates1 – This week was “inflation week” with both PPI and CPI reports being released, but the conflict in Israel overshadowed the market.  Rates improved on Tuesday and then held...

·         Mortgage Rates1 – Well it has been another “fun” week in mortgage land as the market absorbed the various labor reports that were released. We kicked off the week on Tuesday with the...

·         Mortgage Rates1 – This week the market was still digesting the release of the Fed’s 3rd Quarter ‘dot plot’, which shows where each FOMC member thinks interest rates will be by the end of...

·       Mortgage Rates1 – The week’s most anticipated news was the Federal Reserve’s decision to hold the benchmark rate between 5.25% and 5.50%.  It was a broadly anticipated decision given data...

·         Mortgage Rates1 – This week we received the August Consumer Price Index (CPI) report that showed overall inflation increased by 0.6%, which was in line with estimates, and year over year...

·         Mortgage Rates1 – Very little economic news was released this week with the focus instead on a parade of fed speakers who have provided their views on recent economic data.  Several Fed...

Mortgage Rates1 – This week was “jobs week” where we receive all the employment related reports highlighting job openings, transfers, hiring and unemployment.  The three major reports, JOLTS (Job...

Mortgage Rates1 – While rates ended in the same place they started, with the benchmark rate at 7.250% (APR 7.327%), it was not a smooth ride.  Rates trended higher until the revised BLS numbers were...

   Mortgage Rates1 – Unfortunately we lost ground this week and our benchmark rate climbed to 7.250% (APR 7.342%).  There was not a lot of economic news to drive rates up; however, the few reports...