Last Week in Review: SVB Bank Fallout and Rates This past week, home loan rates improved to their lowest levels in a month in response to the closures of Silicon Valley Bank (SVB) and Signature Bank. Let's walk through what happened as we approach the Fed Meeting this week. SVB Failure And Rates It's important […]
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Last Week in Review: Powell Visits Capitol Hill This past week, Fed Chair Powell testified on Capitol Hill and his words sent rates higher. Let's walk through what happened and take a peek at what to watch next week. "Rates Need to Go Higher, Faster" Last Tuesday and Wednesday, Fed Chair Jerome Powell testified before […]
Last Week in Review: Inflation and The Fed Dominate Markets This past week, home loan rates touched their highest levels since November. Let's walk through what happened and mention the big events in the week ahead. Global Inflation Remains High Back in early February Fed Chair Jerome Powell stated that the disinflation process has begun […]
This Week in Review: Three Things That Happened Last Week Last week, rates touched the highest levels since Fall. Let's walk through three things that happened and what to watch in the week ahead. 1.) Fed Meeting Minutes Released Last Wednesday, the Minutes from the February 1st Fed Meeting were released. At that meeting, the […]
Last Week in Review: Inflation Lingering, Fed Officials Singing Last week multiple inflation readings came in higher than expected and home loan rates ticked higher. Let's walk through what happened and what to watch in the week ahead. "More upside inflation surprises could make Fed Policy more aggressive." Ohio Fed President Loretta Mester. What happened? […]
Last Week in Review: Fed Chair is Back After Strong Jobs Report After last week's surprisingly strong Jobs Report, Fed Chair Jerome Powell spoke about the economy and direction of rates. Let's walk through what happened and what to watch in the week ahead. "The strong Jobs Report shows you why we think this will […]
Last Week in Review: Fed Hikes, Market Likes This past week the Fed hiked rates by .25% and home loan rates improved to their best levels since September. Let's walk through what happened with the Fed and talk about what to watch in the week ahead. "We can now say for the first time that […]
Last Week in Review: Good Economic News is Good News Interest rates hover near the best levels since September, despite several good economic readings reported. Let's discuss what happened and see what is coming next week. Economy Grew to Finish 2022 Gross Domestic Product, a measure of economic growth, for the Fourth Quarter 2022 showed […]
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, […]