Market Update September 23rd, 2024
Let’s Talk about what’s been happening in the mortgage market over the past week. As you know, the economy can have a big impact on interest rates, so let’s break down some of the key reports that came out between September 16th and September 20th. One of the biggest news items this week was the […]
What does the Fed rate cut mean for Mortgages? September 19,2024
So, you heard the Fed cut interest rates this week? That’s a big deal for anyone thinking about buying a house. Basically, when the Fed cuts rates, it’s like they’re turning down the heat on borrowing money. So, mortgage rates, which are the cost of borrowing money to buy a home, should generally go down […]
Market Update 9.16
Hey everyone, Let’s dig into what’s been happening in the mortgage market over the past week. As you know, the economy can have a big impact on interest rates, so let’s break down some of the key reports that came out between September 9th and September 13th. First, we had the Initial Jobless Claims report. […]
Market Update , August 12 2024
Alright, let’s break down those economic reports and how they’re shaking up mortgage rates. What happened last week (August 5th to 9th)? So, last week was kind of a mixed bag for mortgage rates. We got a few key reports: Fun fact: Did you know that inflation is kind of like a sneaky thief? It […]