Recent Articles
May
20
2025
20
2025
Weekly Mortgage Rate Update- 05-20-25
Weekly Mortgage Rates May 20, 2025 Mood swings Credit rating agency Moody’s downgraded the US credit rating from AAA status to AA1 late Friday after markets closed. They made the change after concluding Congress won’t succeed in reducing deficit spending....
Weekly Mortgage Rates May 20, 2025 Mood swings Credit rating agency Moody’s downgraded the US credit rating from AAA status to AA1 late Friday after markets closed. They made the change after concluding Congress won’t succeed in reducing deficit spending....
May
14
2025
14
2025
Weekly Mortgage Rate Update-05-14-2025
Weekly Mortgage Rates May 14, 2025 Much ado about nothing We had the Fed meeting, CPI inflation, and progress on tariff talks over the past week, but mortgage rates remained about the same to slightly higher. CPI inflation reading yesterday continues to show a cooling trend. Core...
Weekly Mortgage Rates May 14, 2025 Much ado about nothing We had the Fed meeting, CPI inflation, and progress on tariff talks over the past week, but mortgage rates remained about the same to slightly higher. CPI inflation reading yesterday continues to show a cooling trend. Core...
May
06
2025
06
2025
Weekly Mortgage Rate Update-5-6-2025
Weekly Mortgage Rates May 6, 2025 We had a lot of economic news to digest last week GDP for the 1st quarter came in at -0.3 pointing to a slowdown in economic growth. PCE inflation showed inflation flat for the month of March, but February was revised higher offsetting...
Weekly Mortgage Rates May 6, 2025 We had a lot of economic news to digest last week GDP for the 1st quarter came in at -0.3 pointing to a slowdown in economic growth. PCE inflation showed inflation flat for the month of March, but February was revised higher offsetting...
Apr
29
2025
29
2025
Weekly Mortgage Rate Update-04-29-2025
Weekly Mortgage Rates April 29, 2025 Sticks and Stones Sticks and stones may break my bones, but words will never hurt me. Last week words were hurting markets. After some serious pain was felt from words (stocks down/rates up). The tone changed some as comments about...
Weekly Mortgage Rates April 29, 2025 Sticks and Stones Sticks and stones may break my bones, but words will never hurt me. Last week words were hurting markets. After some serious pain was felt from words (stocks down/rates up). The tone changed some as comments about...
Apr
22
2025
22
2025
Weekly Mortgage Rate Update-04-22-2025
Weekly Mortgage Rates April 22, 2025 There were a couple days last week when rates improved a bit, but we start today right where we were last week. The main event impacting rates: Trump V Powell. Let’s keep things in perspective Not trying to be Chicken Little here so...
Weekly Mortgage Rates April 22, 2025 There were a couple days last week when rates improved a bit, but we start today right where we were last week. The main event impacting rates: Trump V Powell. Let’s keep things in perspective Not trying to be Chicken Little here so...