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This past week, the minutes from the July Fed Meeting were released. The news didn't help home loan rates, which ticked up to the peaks of last year. Let's look at what happened and talk about the headline risk for this week. "Uncertainty of the U.S. economic outlook remains elevated"... FOMC minutes from the July […]

Inflation perked up, yet interest rates improved from key levels. Let's walk through the big financial news of last week as we approach this Wednesday's Fed Meeting. Tale Of Two Inflations Last Wednesday, the Consumer Price Index (CPI) for August increased by 0.6% for the month, lifting the annual rate to 3.7%, both of which […]

September has been a rough month so far for bonds and rates. Let's discuss the big headlines last week in the financial markets. Oil Gushing Higher The price of oil has been on the rise, hitting 10-month highs, due to lower supply levels and production cuts from Saudi Arabia and Russia. This rise has also […]

Cheers to 20 Years! Celebrate with our 20-20-20 Special 20 Years of Excellence 20 Basis Points Savings Ends on the 20th of September Starting Tuesday, September 5th, until September 20th, we are offering an exclusive 20 basis points (BPS) discount on every FHA, VA, and USDA loan submitted to us. This is our way of […]

Interest rates improved amidst a huge week of economic news last week. Let's look at what happened and take a peek into the week ahead. Bad News Is Good News Bonds and interest rates like bad economic news as it lowers the threat of more Federal Reserve rate hikes. Last week, we did see some […]

As summer nears the end, home loan rates took a pause on their recent uptick. Let's discuss what happened and look at the important week ahead. Mortgage Rates At 21 Year Highs The big news in mortgage and housing has been the recent and rapid rise in home loan rates. Early in the week, they […]

This past week, the minutes from the July Fed Meeting were released. The news didn't help home loan rates, which ticked up to the peaks of last year. Let's look at what happened and talk about the headline risk in the week ahead. "Uncertainty of the U.S. economic outlook remains elevated"... FOMC minutes from the […]

This past week home loan rates remain elevated despite consumer inflation being reported slightly lower than expected. Let's discuss what happened and look at the week ahead. Inflation Hits 3.2% Last Thursday, the Bureau of Labor Statistics reported the Consumer Price Index (CPI) for July at 3.2% year-over-year which was slightly lower than the 3.3% […]

This past week home loan rates ticked higher in a week filled with some negative surprises. Let's discuss what happened and look at the week ahead. Another $1T Please Earlier in the week, the Treasury Department surprised the financial markets when they stated they need $1T to fund the government from August to October. The […]

Last week in Review: Fed Hikes Rates, Home Loan Rates Remain Steady This past week home loan rates were unchanged, despite the Fed raising rates to the highest levels in 22 years. Let's discuss what happened and look at the week ahead. Another Rate Hike On Wednesday, the Federal Reserve raised the Fed Funds Rate […]