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 […]
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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, […]
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 […]