Latest News Category: News

Last Week in Review:  Bad Economic News is Bad News Bad economic news helped home loan rates touch the lowest levels in months. Let's discuss what happened and see what is coming next week. Producer Prices Are Falling The Producer Price Index, which is an inflation reading on what producers/wholesalers pay for goods and services, […]

Last Week in Review: Inflation Declines Again Home loan rates held steady near the best levels in months after another decline in inflation. Let's look at what happened this past week and brace for what is coming in the week ahead. December Consumer Price Index (CPI) The headline Consumer Price Index, which includes food and […]

Last Week in Review: New Year, New Outlook The first few trading days of 2023 saw an improvement in rates. Let's look at what happened this past week and brace for what is coming in the week ahead. Lower Than Last Year Long-term interest rates started the year moving lower, with both mortgage-backed securities (where […]

Last Week in Review: Market Themes as We Enter 2023 Home loan rates crept higher in the final week of 2022. Let's look at some themes that should bode well for housing in 2023. Inflation Has Peaked One of the biggest economic stories in the U.S. was seeing inflation hit the highest levels in over […]

Last Week in Review: Shrugging off BOJ Surprise Home loan rates held steady near 3-month lows despite a negative surprise from the Bank of Japan. Let's discuss what happened and look into this week. BOJ Surprise Earlier this week, the Bank of Japan (BOJ) unexpectedly allowed its 10-yr government bond rates to rise. This sounds […]

Last Week in Review: Fed Raises Rates and Home Loan Rates Improve This week, the Federal Reserve raised the Fed Funds Rate by .50%, the smallest hike in over 6 months, and in response, home loan rates improved. Let's discuss the seemingly odd market reaction and what to watch in the week ahead. "We've covered […]

Last Week in Review: Waiting on the Fed This past week home loan rates improved modestly as we approach an important Fed Meeting and inflation reading this week. Let's discuss what happened and talk about the headline risk on the horizon. More Signs Of Inflation Falling On Tuesday, 3rd Quarter Productivity showed that Unit Labor […]

"Time To Moderate Pace of Rate Hikes May Come as Soon as December Meeting" - Fed Chair Powell Nov 30, 2022. This week, Fed Chair Jerome Powell spoke, and interest rates touched the lowest level in almost 3 months. Let's discuss what happened and look into the week ahead. On Wednesday, November 30th, the anniversary […]

"I think we can slow down from the .75% at the next meeting. I don't have a problem with that, I do think that's very appropriate," Cleveland Fed President Loretta Mester Last week was a shortened trading week due to the holiday, we are seeing interest rates continue to hover near the lowest levels in […]

This week, interest rates touched the lowest levels in two months on the idea that inflation may have peaked. Let's break down what happened. 10-yr Note Touches 3.67% The 10-yr Note yield touched 3.67% this week, a large rate improvement from 4.23% seen the previous week. The downtick in long-term rates also fed into home […]