Recent Articles
Oct
10
2023
10
2023
Weekly Mortgage Rate Update-10-10-23
A lot can happen in a week. Rates ended last week higher after several reports were released that all pointed to a still strong job market. The only weak data point was Tuesday, ADP private payrolls showed 89k jobs added expectations were for almost twice as many, so a big miss...
A lot can happen in a week. Rates ended last week higher after several reports were released that all pointed to a still strong job market. The only weak data point was Tuesday, ADP private payrolls showed 89k jobs added expectations were for almost twice as many, so a big miss...
Oct
04
2023
04
2023
Weekly Mortgage Rate Update- 10-3-2023
Good afternoon! I decided to try making a video for the weekly update- let me know what you think and if you prefer this format- Its my first time making a video, so let’s keep that in mind :) https://clipchamp.com/watch/cBdPVtwOLHu Green Day said it best, wake me up...
Good afternoon! I decided to try making a video for the weekly update- let me know what you think and if you prefer this format- Its my first time making a video, so let’s keep that in mind :) https://clipchamp.com/watch/cBdPVtwOLHu Green Day said it best, wake me up...
Sep
27
2023
27
2023
Weekly Mortgage Rate Update9-27-23
The key message from last week’s FOMC meeting was that the rate path is - higher for longer. Mortgage rates still inching higher week over week. The Fed published its economic projections that showed at least one more hike this year and the path of rates in 2024/2025 was...
The key message from last week’s FOMC meeting was that the rate path is - higher for longer. Mortgage rates still inching higher week over week. The Fed published its economic projections that showed at least one more hike this year and the path of rates in 2024/2025 was...
Sep
19
2023
19
2023
Weekly Mortgage Rate Update- 9-19-2023
Mortgage rates moved up again last week as the outlook gets a little bleaker on rising inflation and as a soft landing seems a little less likely. Nick Timiraos, who is commonly referred to as the Fed’s mouthpiece- wrote this week in the Wall Street Journal-...
Mortgage rates moved up again last week as the outlook gets a little bleaker on rising inflation and as a soft landing seems a little less likely. Nick Timiraos, who is commonly referred to as the Fed’s mouthpiece- wrote this week in the Wall Street Journal-...
Sep
12
2023
12
2023
Weekly Mortgage Rate Update-09-12-2023
Mortgage rates ticked up slightly last week after the ISM Services report shot higher than expectations, pointing to a stronger economic outlook. This report is key, while manufacturing has been on the decline, the services sector ( 2/3 of our economy) has held strong. There was a...
Mortgage rates ticked up slightly last week after the ISM Services report shot higher than expectations, pointing to a stronger economic outlook. This report is key, while manufacturing has been on the decline, the services sector ( 2/3 of our economy) has held strong. There was a...