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Higher Inflation
Overview This week’s data painted a mixed picture. Inflation firmed slightly while labor-market signals softened. Mortgage rates barely...
Sep 31 min read
Housing Inventory Climbs Higher as Retail Sales Surprise
Overview Mortgage markets mostly drifted sideways this week. A stronger-than-expected retail-spending report offered a mild boost to risk...
Jul 232 min read
Market Update – June 4, 2025
Overview Another tug-of-war week: cooler inflation data and a small dip in mortgage rates were offset by lingering worries over...
Jun 42 min read
Mortgage Rates Rise After Election
Overview : This past week, investors reacted to election results, which negatively impacted mortgage markets. As a result, mortgage rates...
Nov 6, 20241 min read
Mortgage Rate Update for October 2024
Mortgage rates are holding steady in October, with the average 30-year fixed mortgage hovering between 6.2% and 6.5%. This is up from the...
Oct 14, 20242 min read
Why Did Mortgage Rates Rise After the Fed’s Rate Cut?
If you’ve been watching mortgage rates closely, you might be puzzled: right after the Federal Reserve cut interest rates, mortgage rates...
Sep 20, 20242 min read
Inflation Below Expectations
Over the past week, major economic data was weaker than expected. Inflation and consumer spending fell short of economists' forecasts,...
May 18, 20241 min read
Knocking on 7%: Mortgage Rates and the Chilling Effect on Home Affordability
As mortgage rates inch closer to 7%, home buying activity cools. Mortgage rates have seen a notable increase this week, reaching 6.81%,...
Jul 6, 20231 min read
A Silver Lining in the Cloud: Mortgage Rates Ready to Dip
Great news for homebuyers! Mortgage rates are gearing up to drop. Given the easing inflation and recent banking crisis, the Federal...
Jun 8, 20231 min read
The Federal Reserve's 10th Rate Hike: What It Means for Your Wallet
The Federal Reserve recently raised the target federal funds rate by 0.25%, marking the 10th increase in the past year. This rapid...
May 3, 20232 min read
When Will Mortgage Rates Go Down?
Mortgage rates are a crucial factor to consider when purchasing a home or refinancing your existing mortgage. You may be wondering when...
Apr 29, 20232 min read
Demystifying the 30-Year Fixed Mortgage: Rates, Pros, and Cons
As a Mortgage Loan Officer, my goal is to help clients make informed decisions regarding their home financing options. One popular...
Apr 27, 20231 min read
New Mortgage Rule Impact on Good Credit Homebuyers
A federal rule change effective May 1 will force homebuyers with good credit scores to pay higher mortgage rates and fees, subsidizing...
Apr 25, 20231 min read
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