A Look into the Markets This past week the Federal Reserve raised rates for the 10th time in a little over a year. Let’s discuss what happened as we await yet another Fed rate hike next Wednesday. “Was it something I said or something I did? Did the words not come out right?” Every Rose…
A Look into the Markets Home loan rates continue to stabilize ahead of next week’s Fed Meeting. Let’s discuss what happened this week as we await yet another Fed rate hike next Wednesday. “Little Pink Houses for You and Me”… Little Pink Houses by John Mellencamp. New Home Sales Soared In March Housing continues to…
A Look into the Markets Home loan rates have ticked higher week to week but some bad economic news halted the rise. Let’s discuss what happened and look ahead into next week. “Baby come back; you can blame it all on me” Baby Come Back by Player Positive Bank Earnings Impact The rise in home…
A Look into the Markets This week home loan rates remained steady and near their best levels in six months. Let’s discuss what happened and the technical factors that are limiting further rate improvement. “Break on through to the other side” … Break on Through by The Doors Consumer Prices are Coming Down Consumer Prices…
A Look into the Markets This past week, home loan rates ticked higher from the previous week in response to no dire news in the banking sector. Let’s walk through the Fed Meeting and the other big events impacting the markets. “Going up, down, up, down, up, down” Up Down by Morgan Wallen Contagion Fears…
A Look into the Markets This past week, home loan rates hovered near the lowest levels in over a month as the Federal Reserve raised rates once again. Let’s walk through the Fed Meeting and the other big events impacting the markets. “Well give me all you got, don’t hold back (Yeah) Well I should…
A Look into the Markets This past week, home loan rates improved to their lowest levels in a month in response to the closures of Silicon Valley Bank (SVB) and Signature Bank. Let’s walk through what happened as we approach the Fed Meeting next week. “Bringin’ on the heartache, Can’t you see?, Can’t you see?”…
A Look into the Markets This past week, Fed Chair Powell testified on Capitol Hill and his words sent rates higher. Let’s walk through what happened and take a peek at what to watch next week. “No more words and no more promises.” No More Words by Berlin. “Rates Need to Go Higher, Faster” On…
The Pondering Recruiter: Where have all the banks gone? 2023 has lifted off like a lead balloon, and I’ve been receiving a steady amount of call backs, and inbound calls, from Loan Officers who are frustrated with their current lender’s rates, compared to local banks and/or credit unions. Most feel that rates are going to…
A Look into the Markets This past week, home loan rates touched their highest levels since November. Let’s walk through what happened and mention the big events in the week ahead. “And you and your sweet desire (don’t you do it, don’t you do it) You took me, oh (higher and higher, baby)” Livin’ Thing…