Personal Consumption Expenditures (PCE) This post will be updated on Friday Friday brings February’s reading for the Fed’s favored inflation measure, Personal Consumption Expenditures. What is the PCE Index? According to the Bureau of Economic Analysis
Mar 31, 2023 |
When should I get Pre-approved? Anytime you are thinking about buying a home is time to get pre-approved. You never know if you can qualify until you have applied. Many people think they will qualify and they do not, and others think they will not and t
Mar 29, 2023 |
3/27/23 7:40 AM CST: The 10 year treasury is a good way to track mortgage rates. Friday the 10 year treasury closed at 3.378% and hit a low of 3.291%. We are up 12 basis points on the 10 year or 3.5030%, so we should expect higher rates today. 8:33
Mar 28, 2023 |
Newsletter - 3/27/2023 Week of March 20, 2023 in Review The Fed hiked its benchmark Fed Funds Rate despite ongoing turbulence in the banking sector, while both new and existing home sales beat expectations last month. Don’t miss these stories and more: -
Mar 26, 2023 |
March 23, 2023 Mortgage rates continued to slide down as financial market concerns came to the fore over the last two weeks. However, on the homebuyer front, the news is more positive with improved purchase demand and stabilizing home prices. If mortgage
Mar 24, 2023 |
Federal Reserve 'between a rock and a hard place' as interest rate decision looms Federal Reserve officials will convene this week for one of the central bank's most uncertain policy meetings in years. Forced to balance the consequences of a banking cri
Mar 22, 2023 |