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What’s Ahead For Mortgage Rates This Week – June 24th, 2024

by lizlaurenb | Jun 24, 2024 | Financial Reports

Currently, the Retail Sales Report is the sole report that has weight. With the passage of more optimistic inflation data reports, retail sales coming in slightly under expectations will have little to no bearing on the overall outlook. Given the last major reports...

What’s Ahead For Mortgage Rates This Week – June 17th, 2024

by lizlaurenb | Jun 17, 2024 | Financial Reports

A welcome and unexpected data release for both the PPI and CPI shows inflation expectations coming in lower than expected. The positive news was somewhat mitigated by the hawkish FOMC rate decision that also took place during the same week. Still, there is more...

What’s Ahead For Mortgage Rates This Week – June 10th, 2024

by lizlaurenb | Jun 10, 2024 | Financial Reports

With the CPI and PPI reports coming up this week, the previous week was light on reports of any significance. Most notable was the Non-Farm Payrolls which can have an outsized impact on inflation data reporting, as it’s a useful barometer to compare the cost of...

What’s Ahead For Mortgage Rates This Week – June 3rd, 2024

by lizlaurenb | Jun 3, 2024 | Financial Reports

The Federal Reserve’s preferred inflation data, the PCE Index, was the highlight of this week. These were followed up loosely by trade balance, retail inventories, and GDP — all of which are strong secondary indicators for current inflation. For lending...

What’s Ahead For Mortgage Rates This Week – May 28th, 2024

by lizlaurenb | May 28, 2024 | Financial Reports

The Consumer Sentiment Report was the sole important report to take place the prior week, keeping with the trend of the cooling-off period that happens the weeks following the CPI and PPI data releases. Consumer sentiment this time around has come to be slightly below...
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