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Recent Articles

Nov
19
2024
Weekly Mortgage Rate Update- 11-19-2024
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...
Nov
12
2024
Weekly Mortgage Rate Update- 11-12-24
  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...
Nov
05
2024
Weekly Mortgage Rate Update- 11-5-2024
  Weekly Mortgage Rates November 5, 2024   We have a lot of new economic data to sift through, but the election is still the focus and main driver of rates for now.   A mixed picture of the economy-Stubborn but improving inflation, decent economic growth, and softer...
Oct
29
2024
Weekly Mortgage Rate Update-10-29-2024
Weekly Mortgage Rates October 29, 2024   There were no major economic events last week, but rates continued to move higher. Its not oil prices, the Fed, inflation, or jobs.  It’s the election. The election is days away The election matters to bonds as they try to...
Oct
22
2024
Weekly Mortgage Rate Update-10-22-2024
The rise in rates over the past three weeks has been steady and just when we thought/hoped rates had peaked, they made another run higher on Monday. It’s a bit unclear why rates rose so much on Monday.  There were no major economic releases or events. Usually, we have a pretty good...
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