Latest News Category: News

Last Week in Review: Inflation Cools, Market Drools This past week an important reading on consumer inflation showed that we might have seen inflation peak in July. In response, the financial markets celebrated with stocks shooting higher and long-term rates ticking lower from the previous week's highs. The highly anticipated Consumer Price Index (CPI) was […]

Last Week In Review: Fed Rate Hikes Push Home Loan Rates Lower Last week home loan rates continued to gradually improve since the Fed hiked rates by .75% in both June and July. The elevated chance of a recession and the Fed hiking rates into the slowing economy has pushed rates to the best levels […]

The Federal Reserve raised the Fed Funds Rate by .75% in a widely expected move while home loan rates continue to be well off the highest levels in June. Let's discuss what the Fed Chair Powell said in his press conference and what it means going forward. Boom The Fed raised the Fed Funds Rate […]

Last Week in Review: It's Fed Week The quiet before the storm. This past week, Fed officials were literally "quiet" with no speeches ahead of next week's Fed Meeting where a .75% rate hike is widely expected. Let's discuss what will be an important week ahead. Another Big Fed Rate Hike Coming For the first […]

Last Week in Review: The Big Rate Hike This past week, the Federal Reserve raised the Federal Funds Rate by .75%, the first such hike since 1994. Let's walk through what the Fed said and how the financial markets reacted."Clearly, today's 75 basis point increase is an unusually large one and I do not expect […]

Last Week in Review: Three New Concerns for the Fed This past week, home loan rates increased slightly from the previous week as we are just a couple of days away from the next Fed Meeting. Let's walk through what happened and discuss what to look for in the week ahead. As we approach the […]

Last Week in Review: The Feds Job on Jobs Home loan rates increased slightly from the previous week as we are just a couple of weeks before the next Fed meeting. Let's walk through what happened and discuss what to look for in the week ahead. "As I will explain, this very tight labor market […]

Last Week in Review: Some Good News on Rates This past week, home loan rates improved to the best levels in a month. The 10-yr Note yield closed beneath 2.80% for two consecutive days for the first time since April 13th. Moves like these begin to suggest that rates may have peaked. The main reason […]

Last Week in Review: Recession Fears Emerge This past week, home loan rates improved slightly in response to growing fears of a recession. Let's walk through what happened and discuss what to look for in the week ahead. "What we need to see is inflation coming down in a clear and convincing way, and we're […]

Last Week In Review: CPI High, Rates Sigh This past week, home loan rates bounced around in a volatile fashion in response to more of the same...Fed speaks, inflation readings, and uncertainty. Let's walk through what happened and discuss what to look for in the week ahead. "Although the task is difficult, it is not […]