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Home loan rates continue to stabilize ahead of this week's Fed Meeting. Let's discuss what happened last week as we await yet another Fed rate hike Wednesday. New Home Sales Soared In March Housing continues to show some positive signs lately, thanks to the decline in mortgage rates. This week, New Home Sales for March […]

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. Positive Bank Earnings Impact The rise in home loan rates over the last couple of weeks has mainly been in response to good news from the banking sector. […]

Last 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. Consumer Prices are Coming Down Consumer Prices fell in March, supporting the notion that inflation remains in a downward trend. The headline Consumer Price Index (CPI), […]

Last Week in Review: Dark Clouds Helping Rates Home loan rates reached their best levels in two months on the heels of not-so-good news. Let's get into what happened and look into the week ahead. Bad News is Good News for Rates The JOLTS (Job Openings and Labor Turnover Survey) report, a leading indicator on […]

Last Week in Review: Banking Fears Ease 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. Contagion Fears Subside No news was good news for stocks and bad […]

Last Week in Review: Fed Raises Rates, Home Loan Rates Decline 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. Fed Funds Rate Hike "Some additional policy […]

Last Week in Review: SVB Bank Fallout and Rates 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 this week. SVB Failure And Rates It's important […]

Last Week in Review: Powell Visits Capitol Hill 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. "Rates Need to Go Higher, Faster" Last Tuesday and Wednesday, Fed Chair Jerome Powell testified before […]

Last Week in Review: Inflation and The Fed Dominate 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. Global Inflation Remains High Back in early February Fed Chair Jerome Powell stated that the disinflation process has begun […]

This Week in Review: Three Things That Happened Last Week Last week, rates touched the highest levels since Fall. Let's walk through three things that happened and what to watch in the week ahead. 1.) Fed Meeting Minutes Released Last Wednesday, the Minutes from the February 1st Fed Meeting were released. At that meeting, the […]