Greetings, As we headed into the Thanksgiving holiday, mortgage rates were climbing upward. Inflationary pressure showed no signs of slowing, with the PCE headline and core readings moving even higher. The market was somewhat reassured when Fed Chair Jerome Powell…
Greetings, Over the last few weeks, mortgage rates appear to be moving up and down as the market grapples with inflation fears, pandemic impacts, and spurts of positive economic data. Retail Sales and Industrial Production revealing a solid uptick in…
Week of 11/15/2021 After a brief hiatus, Matt and James are back with more market rate information! Greetings, While headlines read that mortgage rates returned to below 3.0%, it was short-lived. Technical factors pushed rates up midweek, but the market appears…
Greetings, Last week saw mortgage rates moving slowly upward as inflation concerns continued to dominate market chatter. While some experts maintain that the inflationary pressures we are experiencing are transitory, others are pointing to evidence on the contrary.…