economy

Mortgage Market Rate Update for the Week of April 15, 2024

April 15, 2024 by Rhonda Porter Leave a Comment

Curious about mortgage rates? Check out my latest video on where rates are and what direction they may be heading!

Filed Under: Interest Rates Tagged With: economy, inflation, mortgage rates

Mortgage Market update for the week of April 8, 2024

April 8, 2024 by Rhonda Porter Leave a Comment

Where are mortgage rates? Check out my latest update for this week!

Filed Under: Interest Rates Tagged With: economy, inflation, interest rates

Weekly Mortgage Update for March 25, 2024

March 25, 2024 by Rhonda Porter Leave a Comment

We have a short week with the Easter holiday weekend. Bond markets will close early on Thursday and remain closed on Friday.

Want to know where mortgage rates are and what may impact the direction of mortgage rates this week? You’re in the right place! Check out my latest video for the details!

Filed Under: Economy, Interest Rates, Video Tagged With: economy, interest rates, mortgage rates

It’s FED Day!

March 20, 2024 by Rhonda Porter Leave a Comment

Today the FOMC wraps up their two-day meeting and around 11:00 am PST, we will learn if the Fed is going to make any adjustments to the Fed Funds rate. It is widely expected they will not adjust the rate today.

What may impact mortgage interest rates today will be the press release and Fed Chair Powell’s commentary following the meeting.

As I write this post at 7:58 a.m., mortgage-backed securities are pretty flat with the 30YR 6% up 3 basis points. The DOW is up 33 to 39,243. [Read more…]

Filed Under: The Fed - FOMC Tagged With: economy, fed, fund funds rate., inflation, interest rates