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What’s Ahead For Mortgage Rates This Week – October 14th, 2024

by lizlaurenb | Oct 14, 2024 | Financial Reports

The CPI and PPI reports delivered their data, showing inflation figures slightly below expectations. However, the positive impact of these reports was tempered by hawkish comments from Federal Reserve members during recent meetings. Despite this, the overall outlook...

What’s Ahead For Mortgage Rates This Week – October 7th, 2024

by lizlaurenb | Oct 7, 2024 | Financial Reports

Last week was a fairly light week, with the non-farm payroll data being the most significant release. The data showed that payrolls are growing at a faster rate than historical trends suggest, which could indicate that inflation is still above the Federal...

What’s Ahead For Mortgage Rates This Week – September 30th, 2024

by lizlaurenb | Sep 30, 2024 | Financial Reports

With the release of the PCE Index data, we are seeing the trend hold as inflation continues to slow down. This gives the Federal Reserve room to continue its rate cuts in the future. Following the positive news for inflation data, the GDP has also seen a...

What’s Ahead For Mortgage Rates This Week – September 23rd, 2024

by lizlaurenb | Sep 23, 2024 | Financial Reports

The long-awaited week has come and within expectations, the Federal Reserve has decided to reduce interest rates for central banks by 50 basis points. This is the bigger of the two options for a rate cut, with the lesser being 25 basis points. The impact of this...

The Impact of Interest Rate Changes on Your Mortgage Payment Over Time

by lizlaurenb | Sep 19, 2024 | Mortgage

When it comes to mortgages, interest rates play a crucial role in determining your monthly payments and the total cost of your loan. While fixed-rate mortgages offer stable payments, adjustable-rate mortgages (ARMs) can fluctuate with market conditions, leading to...
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