by lizlaurenb | Aug 19, 2024 | Financial Reports
The results are in, and both the CPI and PPI inflation reports confirm that inflation has come in lower than expected, surpassing expectations. This is a great result leading forward for the next FOMC Rate Decision meeting, as there is high optimism now that the rate...
by lizlaurenb | Aug 15, 2024 | Mortgage Rates
In today’s economic climate, inflation has become a hot topic, especially for potential homebuyers. Understanding how inflation affects mortgage rates and your homebuying power is crucial. Let’s see how it can impact your journey to homeownership. What is...
by lizlaurenb | Aug 12, 2024 | Financial Reports
With so little in the way of data releases following the previous week’s FOMC Rate Decision, we’re left with a small release schedule with Consumer Credit and U.S. Trade Deficit rounding up the reports. While relatively light indicators of the current...
by lizlaurenb | Aug 5, 2024 | Financial Reports
The Federal Reserve’s decision to maintain the current interest rates has paved the way for a potential rate cut in September. While this news has been met enthusiastically by lending partners, the broader markets have indicated a slightly less warm reception...
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...