January 20th Market Update
Popping with Potential: The US Economy and Popcorn A Fresh Start: Economic Outlook for the Week of January 20th As we settle into the new year, the economic landscape is starting to take shape. Here’s a look at what’s happening this week and how it might impact the mortgage and housing market. Key Economic Events […]
January 13th Market Update
Economy Taking a Polar Bear Plunge? 🥶 Happy New Year (almost)! While some folks were taking a polar bear plunge into icy waters this week, the economy seems to be dipping its toes into the new year with a mix of caution and optimism. Let’s dive into the latest economic reports and see what they […]
January 6th Market Update
Mortgage Market Recap: 2024’s Wild Ride and a Glimpse into 2025 🎢 Happy New Year, everyone! As we say goodbye to 2024 and welcome in 2025, it’s time to take a look back at the mortgage market’s wild ride last year and gaze into our crystal ball to see what might be in store for […]
Market Update : December 30th, 2024
Economy Ringing in the New Year? (December 23rd – 27th) 🍾 Happy Holidays everyone! While you were busy roasting chestnuts and decking the halls, the economy decided to sneak in a few last-minute reports before the year’s end. Let’s take a peek under the tree and see what economic presents (or lumps of coal) we […]
Market Update December 23, 2024
Economy Snuggled Up by the Fire? (December 16th – 20th) 🔥 Happy Holidays, everyone! As we count down to the big day, the economy seems to be settling in for a cozy winter’s nap. But don’t be fooled by the quiet – there are still a few economic embers glowing. Let’s take a peek and […]
Market Update December 16th, 2024
Economy Dreaming of a White Christmas? (December 9th – 13th) ❄️ Greetings from the North Pole of economic news! While you were busy hanging stockings and humming carols, the economic elves were busy crunching numbers. Let’s peek into Santa’s sack and see what gifts (or lumps of coal) the economy delivered this week. The Week […]
Market Update – December 9th, 2024
Economy Decked with Holly? (December 2nd – 6th) 🎅 Ho-ho-hope you’re all ready for another economic update! While you were busy decking the halls and maybe indulging in a cookie or two, the economic elves were hard at work churning out reports. Let’s see what they delivered to our stockings this week. The Week That […]
Market Update December 2, 2024
Economy Feeling Festive? (November 25th – 29th) 🎄 Happy post-Thanksgiving week, everyone! Hopefully, you’re all recovered from your turkey comas and ready to tackle the latest economic updates. Let’s see if the economy is feeling as jolly as Santa this time of year. But first, December 4th is National Cookie day!!!! Crumbs of History: Cookie […]
Market Update November 25th, 2024
Turkey Trivia: Gobble ’til you Wobble! Did you know that the heaviest turkey ever recorded weighed a whopping 86 pounds?! That’s about the size of a large dog! Imagine trying to fit that bird in your oven! 🦃 This fun fact is sure to get some giggles at the Thanksgiving table and might even make […]
Market Update – November 18, 2024
Economy Playing Hide-and-Seek! (November 11th – 15th) 🙈 Hey everyone, hope you had a chance to thank a veteran and enjoy some delicious doughnuts last week! Now, let’s dive into the latest economic maze and see what surprises it has in store for us. The Week That Was (November 11th – 15th): What does this […]
Market Update November 11th, 2024
Honoring Our Veterans and Their Economic Impact First , before we get into our normal economic recap , Today, November 11th, is Veterans Day – a day to express our sincere gratitude to all the brave men and women who have served our country. Their dedication and sacrifice deserve our utmost respect, and their contributions […]
Market Update November 4th
Economic Tricks and Treats! (October 28th – November 1st) 🎃 Happy November, everyone! As we officially enter the season of cozy sweaters and pumpkin spice everything, let’s take a look at how the economy decided to dress up this past week. The Week That Was (October 28th – November 1st): What does this mean for […]
Market Update October 28th, 2024
Hold On to Your Hats! (October 21st – 25th) 🎢 Hey everyone, it’s your mortgage loan officer, back with another update on the economic rollercoaster! This week was a bit of a wild ride, so buckle up while we break it down. The Week That Was (October 21st – 25th): What does this mean for […]
Market Update October 21st, 2024
Economic Deja Vu? 👻 Happy Monday , folks! Another week, another batch of economic reports to decipher. But don’t worry, I’m here to make sense of it all, and trust me, it’s not as scary as it sounds (unless you’re terrified of slightly fluctuating interest rates… then maybe it is a little spooky 👻). Don’t […]
Market Update October 14th, 2024
This Week in Mortgage Mayhem (and a Holiday!) 🎃 Hey there, future homeowners! Ever feel like the economy is a roller coaster you’re strapped into, but you don’t even get the fun of the ride? Yeah, me too. But as your friendly neighborhood mortgage loan officer, I’m here to break down this week’s economic shenanigans […]
Market Update : October 7th, 2024
10.7 Market Update Hey everyone, I wanted to give you a quick update on 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 30th and October […]
Market Update September 30th , 2024
9.30 Market Update Hey , Here’s a quick update on 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 last week. One of the biggest news items was […]
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 – September 9
Mortgage Rates and the Economic Reports Well, it’s been another busy week for economic news, and it’s had a significant impact on mortgage rates. Let’s break down the reports from September 2nd to September 6th: Overall, the economic reports from the past week have been largely positive for the economy but negative for mortgage rates. […]
Market Update – September 2nd
Well, last week was busy for economic news, and it had a significant impact on mortgage rates. Let’s break down the reports from August 26th to August 30th: Overall, the economic reports from the past week have been generally positive for mortgage rates. They suggest that the economy is slowing down and that inflation is […]
Market Update August 26th
Hey everyone, I wanted to give you a quick update on 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 August 19th and August 23rd. First, we […]
Market Update August 19th
Economic Reports: Last Week’s Impact and Next Week’s Outlook Last Week’s Economic Reports So, let’s break down what happened last week. The biggie was the Consumer Price Index (CPI) report. That’s like checking the grocery bill for the whole country. If prices are going up too fast (inflation), it typically means the Federal Reserve might […]
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 […]