Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

The Markets in a Minute - March 17

The Markets in a Minute - March 17

For the Week Ending March 17, 2017 Although the Fed raised policy rates at this week's meeting, mortgage rates improved when the Fed forecasted gradual future increases, calming markets.The Fed's policy rate change will help tame inflation, w

Mar 16, 2017 | markets-in-a-minute

The Markets in a Minute - March 10

The Markets in a Minute - March 10

For the Week Ending March 10, 2017 A Fed policy rate hike next week is now almost 100% certain, after recent comments by Fed officials. The Fed anticipates three rate increases in 2017.The Fed's mandate is to keep strong employment and low inflat

Mar 09, 2017 | markets-in-a-minute

The Markets in a Minute - March 3

The Markets in a Minute - March 3

For the Week Ending March 3, 2017 The idea of a Fed policy rate hike in March has gained steam, with an almost 80% expectation it will happen. Just last week there was only a 30% chance.Consumer spending was down slightly in January, but manufacturin

Mar 02, 2017 | markets-in-a-minute

The Markets in a Minute - February 24

The Markets in a Minute - February 24

 Although markets were closed on Monday for Presidents' Day, stocks once again hit new highs this week as traders expect the economy to continue improving.Unemployment filings continue to reflect labor market strength. Although up slightly this w

Feb 23, 2017 | markets-in-a-minute

The Markets in a Minute - February 17

The Markets in a Minute - February 17

For the Week Ending February 17, 2017 Consumer prices increased in January by the highest level since February 2013, signaling rising inflation. Inflation could pressure mortgage rates higher.Jobless claims this week came in even lower than expected,

Feb 17, 2017 | markets-in-a-minute

The Markets in a Minute - February 10

The Markets in a Minute - February 10

For the Week Ending February 10, 2017 Gallup reports its Economic Confidence Index hit a new high in January, reaching its highest monthly average in 9 years. The labor market continues to show strength, with jobless claims hitting a 43-year low

Feb 09, 2017 | markets-in-a-minute

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