Mtg rate and the fed rate

Why mortgage rates didn’t drop more after the Fed rate cut

Posted Posted in Economic Market News, Mortgage Knowledge

Why is it that mortgage rates didn’t drop more after the fed cut the rate? Because the Fed rate is NOT what mortgage rates are based on.   I will try to explain. Please try to stay awake,  it’s not the most exciting topic for most people. Let’s start off by explaining the Fed rate. The […]

Markets In a Minute Update

What’s up with the rate bounce?

Posted Leave a commentPosted in Economic Market News

Markets In A Minute for week ending April 5, 2019: What’s up with the rate bounce? This week on The Markets In a Minute: Rates bounce, sales drop and homes sell fast. Prefer video to reading? The click now! Signaling a possible slowdown in the economy, retail sales dropped 0.2% in February. Slower economic activity […]

Markets In a Minute Update

Good News For Rates

Posted Leave a commentPosted in Mortgage Knowledge

Markets In A Minute for week ending March 8, 2019: Good news for rates This week on The Markets In a Minute: Good news for rates. Prefer video to reading? The click now! Wholesale prices barely rose in February, after falling for 3 straight months. This is a sign there is little inflation pressure in […]

Markets In a Minute Update

Is Homeownership Still The American Dream?

Posted Leave a commentPosted in Economic Market News

Markets In A Minute for week ending March 8, 2019: Is Homeownership still the American Dream? This week on The Markets In a Minute: Is Homeownership still the American Dream? How did home sales do? Prefer video to reading? The click now! A U.S./China trade deal may be close, after months of trade disputes. If […]

Unemployment goes up, retail sales go down

Posted Leave a commentPosted in Economic Market News

Markets In A Minute for week ending Feb 15, 2019: Unemployment goes up, retail sales down This week on The Markets In a Minute: Unemployment goes up, retail sales go down, home price reports Prefer video to reading? The click now! Producer prices fell for a 2nd straight month in January, leading to the smallest […]

Markets In a Minute Update

Mortgage Rates Hit 7 Year High

Posted Leave a commentPosted in Economic Market News

Markets In A Minute for week ending Nov 9, 2018: Mortgage Rates hit a 7 year high This week on The Markets In a Minute: Mortgage Rates hit a 7 year high but not because of midterm elections Prefer video to reading? The click now! The Fed didn’t raise policy rates at this month’s FOMC […]