Recent Articles
30
2024
Mortgage rates are holding steady ahead of the Fed tomorrow. Rates had very little reaction to the economic data with pricing slightly better overall than last week. We are back to our same trendline we have been in since the last Fed meeting on December 13th . Fourth...
23
2024
Have you heard of the “vibecession”? Consumer sentiment surveys have shown that the public has not optimistic on their financial prospects for a while now, this despite most of the data coming in that shows the economy is still growing. According to TikTok (yes TikTok) this...
16
2024
Very little movement in rates since the December 13th Fed meeting when Powell signaled rate cuts ahead where the markets started pricing in a Fed pivot. Last week inflation news showed CPI (Consumer Price Index) hotter than expected at a month over month increase at 0.3%, but it...
09
2024
I took last week off to work on my 2024 interest rate predictions. After all the research I can say with certainty that rates will go up, go down, or stay the same. (OK, I stole this from mortgage commentator Rob Chrisman actually) For more predictions, here is the Fannie Mae...
26
2023
Mortgage rates remain unchanged from last week as we coast into the new year. The only notable news last week was Friday’s PCE (Personal Consumption Expenditures) This is the report that the Fed uses to determine the rate of inflation. The other inflation reports are just...