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What’s Ahead For Mortgage Rates This Week – July 29th, 2024

by lizlaurenb | Jul 29, 2024 | Financial Reports

Following the release of the PCE Index figures, which the Federal Reserve prefers as its key inflation metric, the data indicates a slight increase in inflation for the third quarter. Nonetheless, market sentiment remains unchanged, and the prediction that the Federal...

What’s Ahead For Mortgage Rates This Week – July 22nd, 2024

by lizlaurenb | Jul 22, 2024 | Financial Reports

The week after the inflation data reports was expected to be relatively quiet, with the most significant event being a meeting with Federal Reserve Chairman Jerome Powell. He remained tight-lipped about when rate cuts would happen, but given his demeanor, he did not...

What’s Ahead For Mortgage Rates This Week – July 15th, 2024

by lizlaurenb | Jul 15, 2024 | Financial Reports

With lofty expectations, the CPI delivered a lower-than-expected inflation increase, leading to a positive uptake across many lending partners and markets. However, the PPI was on the opposite end of that, with a higher-than-expected inflation rate increase, muting...

What’s Ahead For Mortgage Rates This Week – July 8th, 2024

by lizlaurenb | Jul 8, 2024 | Financial Reports

With the FOMC Minutes coming precisely within expectations, there is once again a lot of optimism that the Federal Reserve may cut rates this year. Much of the Q2 data reports show favorable amounts of reduction in inflation as well as a more stable economic outlook...

What’s Ahead For Mortgage Rates This Week – July 1st, 2024

by lizlaurenb | Jul 1, 2024 | Financial Reports

Following the release of key data such as the FOMC rate decision and CPI and PPI inflation reports, only the PCE Index reports remained to set the course, which are coming in well within expectations. The Consumer Confidence Report is also a significant concern since...
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International Bankers Group | NMLS# 339877

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