Tag Archives: Fed Meeting

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Market Update & A Look Ahead 🏡

Hope you’re having a great week and a wonderful holiday season! I wanted to share some insights on the mortgage market and what might be in store for us in the coming months. Interest Rates Good news! Mortgage rates have been declining for the past few weeks. According to Freddie Mac’s latest survey of average

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Big News: Fed Drops Rates—Time to Lock in Low Mortgage Rates!

Hold on to your hats today because the mortgage market has been buzzing with activity, and I wanted to keep you in the loop about the latest developments. Interest Rates: Reaching New Lows Great news! Interest rates have hit their lowest point of the year, even touching levels not seen since early 2023! This positive

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Positive Shifts in the Mortgage Market

I’m excited to share some encouraging news about the mortgage market. We’ve been seeing positive trends that could benefit homeowners and homebuyers alike. Interest Rates on the Decline  Interest rates have been steadily decreasing, offering a welcome reprieve for those looking to purchase a home or refinance their mortgage. We saw rates drop to lows

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Important Fed Meeting: What It Means for You

It’s been a wild week in the mortgage market! Interest rates have taken another turn, and economic news is a mixed bag. Let’s break it down. Interest Rates Taking a Breather Great news! Mortgage rates dipped this week, offering some relief to homebuyers. While it’s a small victory, it’s a step in the right direction.

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Mortgage Rates: Cooling Off, But Stay Alert!

Good news! Mortgage rates showed slight improvement in last week’s survey by Freddie Mac of average rates. The survey reported rates reaching levels last seen in March! Let’s explore what’s driving this trend and what to watch for in the coming days. The Fed: Higher for Now, But a Shift Might Be Coming The Federal

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Mortgage Rates Take a Breather, But Buckle Up for a Bumpy Ride!

Last week mortgage rates dipped to their lowest levels in two months! Let’s break down what caused this shift and what to watch for in the coming days. The Economy Slows Down Recent economic data paints a picture of a slowing economy. This has helped to cool inflation fears, a major factor influencing interest rates.

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Mortgage Rate Update: A Week of Ups & Downs, But It’s Not All Bad!

Let’s talk mortgage rates (it’s the number one question I get asked, lol)! It’s been a bit of a rollercoaster these past few weeks, and I wanted to give you a quick rundown of what’s been happening and what it means for homebuyers. Remember that big inflation report I mentioned last week? Well, the CPI

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Interest Rates Update – What Rising Rates Mean for Homebuyers

As you may have heard, interest rates continue their upward climb. This week, Freddie Mac reported the 30-year fixed rate increased by .07 percent. While not every borrower will see this exact increase, the trend is clear: rates are higher now than they were at the start of the year. What’s Driving the Increase? Despite

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Navigating the Rate Rollercoaster: A Market Update

If the past few weeks have felt like a whirlwind with interest rates, you’re not alone. Let’s break down what’s been happening and what it means for your home financing goals. The Fed Factor Remember when the Fed hinted at those juicy rate cuts for 2024? Well, surprise, surprise, things change fast! Inflation reports came

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Fed’s Meeting Minutes Cause an Unexpected Stir

Usually, the release of the Fed Minutes is a minor affair, however, last week was a different story as markets try and figure out what the Fed’s next moves are going to be. Not too long ago, traders expected the Fed to start cutting rates at their March meeting, which could have helped mortgage rates

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