This past week, interest rates moved lower, nearing levels we last saw in March. Let’s dive into why this is happening and take a look at what’s ahead. “It’s more than a feeling (More than a feeling) When I hear that old song they used to play” – More Than a Feeling by Boston. One…
This past week, the Federal Reserve made headlines by deciding not to cut rates and sharing their updated economic forecast. Let’s break down what they said and what we can expect in the coming week. “Does that make me crazy? Possibly” Crazy by Gnarls Barkley.. Higher for Longer Continues Last Wednesday, the Federal Reserve met…
Interest rates recently dropped to the lowest levels we’ve seen in the last two months. Let’s discuss why this happened and what might come next. “The future’s in the air, I can feel it everywhere. Blowing with the wind of change” Winds of Change – The Scorpions. Economic Deceleration A big driver of interest rates…
This past week, interest rates jumped quite a bit due to some tough news in the bond market. Let’s chat about what happened and what to watch for in the coming weeks. “So many tears I’ve cried. So much pain inside. But baby, it ain’t over ’til it’s over.” – Lenny Kravitz, It Ain’t Over…
This past week, we’ve seen interest rates creep up as signals of “higher for longer” trends emerge globally. But before diving into the news, let’s take a moment to reflect on Memorial Day and its significance. Originally called Decoration Day, Memorial Day was first observed after the Civil War to honor those who died in…
This past week interest rates have reached the best levels in over a month. Let’s discuss what happened and what news to watch next week. “All right now baby, it’s all right now” All Right Now by Free. Ahhhh Last Wednesday, the highly anticipated Consumer Price Index was released. Back on April 10th, the previous…
This past week, interest rates held steady or moved sideways after the nice decline we experienced a couple of weeks ago. Let’s discuss what happened and look at the news items in the week ahead. “Hold the Line, Love isn’t Always on Time” – Hold the Line by Toto. Fed Speakers Toeing the Line “Eventually…
The Federal Reserve met this past week and held rates steady for the 6th consecutive meeting. Let’s discuss what was said and how the market reacted going into next week. “Lean on me, When you’re not strong, And I’ll be your friend ” – Lean on Me by Bill Withers. “I think it’s unlikely that…
The average borrower has to submit 8.5 offers before they finally have one accepted. One of our lenders has a full cash offer program with NO cost to the borrower, that has lowered the ratio from 8.5:1 to 1.4:1. That means they start with the house of their dreams, but ultimately go with a house…
This past week interest rates held steady as the markets brace for the Fed meeting this coming Wednesday. Let’s discuss what happened and look at the big news events ahead. “You might think I’m foolish. Or maybe it’s untrue” – You Might Think, The Cars. The Quiet Period A lot of the big market moves…