Latest News Author: Mark Massing

Interest rates improved amidst a huge week of economic news last week. Let's look at what happened and take a peek into the week ahead. Bad News Is Good News Bonds and interest rates like bad economic news as it lowers the threat of more Federal Reserve rate hikes. Last week, we did see some […]

As summer nears the end, home loan rates took a pause on their recent uptick. Let's discuss what happened and look at the important week ahead. Mortgage Rates At 21 Year Highs The big news in mortgage and housing has been the recent and rapid rise in home loan rates. Early in the week, they […]

This past week, the minutes from the July Fed Meeting were released. The news didn't help home loan rates, which ticked up to the peaks of last year. Let's look at what happened and talk about the headline risk in the week ahead. "Uncertainty of the U.S. economic outlook remains elevated"... FOMC minutes from the […]

This past week home loan rates ticked higher in a week filled with some negative surprises. Let's discuss what happened and look at the week ahead. Another $1T Please Earlier in the week, the Treasury Department surprised the financial markets when they stated they need $1T to fund the government from August to October. The […]

Last week in Review: Fed Hikes Rates, Home Loan Rates Remain Steady This past week home loan rates were unchanged, despite the Fed raising rates to the highest levels in 22 years. Let's discuss what happened and look at the week ahead. Another Rate Hike On Wednesday, the Federal Reserve raised the Fed Funds Rate […]

Last week in Review:  The Calm Before Storm? This past week interest rates were essentially unchanged from the previous week, and it was a relatively "quiet" week. Let's discuss what happened and look at the week ahead. The Blackout Period As we approach the next Federal Reserve meeting, there is a blackout period, where no […]

Last week in Review: Markets Pleased As Inflation Eased Last week interest rates improved significantly as the markets responded to the softest inflation reading in over two years. Let's discuss what happened and look at the week ahead. Consumer Prices Are Falling The Consumer Price Index (CPI) for June was reported on Wednesday and showed […]

Last week, interest rates held near the best levels in a month as Fed Chair Powell testified on Capitol Hill. Let's discuss the big news last week and gear up for important events in the week ahead. Powell on the Hill "Given how far we've come, it may make sense to move rates higher but […]

Last week the Federal Reserve decided to pause their string of rate hikes for the first time in 15 months, yet long term rates moved higher. Let's discuss what happened and look at the events to watch for this week. Higher For Longer Still On Wednesday, the Federal Reserve made a decision to not hike […]

This past week interest rates ticked higher in response to a surprise rate hike from above our Northern border. Let's discuss what happened and talk about the big week ahead. Oh Canada As the saying goes, "Where there's smoke there's fire". A big news story this past week was the Canadian wildfires raging and sending […]