Recent Articles
17
2024
Weekly Mortgage Rates December 17, 2024 Two steps forward and one step back Maybe that is the rate story of 2024. Every time rates made a move lower; they couldn’t hold onto it and reverted higher. This the result of inflation remaining stuck above target and the economy...
10
2024
Weekly Mortgage Rates December 10, 2024 Another week of rate improvements, have we turned the corner? Rates have been improving since Thanksgiving week. The move hasn’t been huge, but incrementally it is starting to add up. We begin this week though a little higher than...
03
2024
Weekly Mortgage Rates December 3, 2024 Rates improved overall last week leading some to call the top on this most recent run up in rates. But before we get too excited, the jobs data takes center stage this week. It could pivot rates in either direction. The bond market is...
19
2024
Last week’s inflation reports show it will not go gentle into that good night. Inflation, Inflation, Inflation Sort of like Marsha, Marsha, Marsha, we are tired of discussing it. (I hope younger readers get this reference). Of course, we are in the business of selling real...
12
2024
Which came first the chicken or the egg? Did mortgage rates rise because the economy is improving or because of the election? The economy was improving before the election Economic data is what drives rates, and the presidency affects rates to the extent...