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Newsletter with timely updates 9/11-9/15/2023

Newsletter with timely updates 9/11-9/15/2023

  Wednesday September 13, 2023 8:40 AM : The Consumer Price Index (CPI), which measures inflation on the consumer level, was reported at 0.6%, which was in line with expectations, and increased 0.5% to 3.7% year over year, which was above the 3.6% es

Sep 11, 2023 |

Interest Rates 9/05-9/08/2023

Interest Rates 9/05-9/08/2023

John Marbury - 205-266-5669 john.marbury@SouthStatebank.com  NMLS# 740833 For updates, mortgage calculators and online application go to: https://www.johnmarbury.com/ When the price of bonds goes down yields go up.  All times are eastern stand

Sep 05, 2023 |

Interest Rates 8/28-9/01/23 Jobs Week

Interest Rates 8/28-9/01/23 Jobs Week

All times are Eastern, most recent news events are posted at the top.  When the price of mortgage bonds goes up yields come down. John Marbury - 205-266-5669 john.marbury@SouthStatebank.com  NMLS# 740833 For updates, mortgage calculator

Sep 02, 2023 |

Jobs Report Comes out the first Friday of every month at 8:30 AM ET

Jobs Report Comes out the first Friday of every month at 8:30 AM ET

Jobs Report Comes out the first Friday of every month at 8:30 AM ET (This has the potential to create the most volatile day of the month. Volatility can be good for rates or bad)   What is the  U.S. Bureau of Labor Statistics (BLS)  Jobs Re

Sep 01, 2023 |

Personal Consumption Expenditures  (PCE Fed's favored inflation measure)

Personal Consumption Expenditures (PCE Fed's favored inflation measure)

The Fed’s favored inflation measure, Personal Consumption Expenditures. Reported on the last Friday of the month at 8:30 am eastern time.    What is the PCE Index?  According to the Bureau of Economic Analysis U.S. Department of Comme

Aug 31, 2023 |

ADP Report (typically the Wednesday before Jobs Report at 8:15 AM ET)

ADP Report (typically the Wednesday before Jobs Report at 8:15 AM ET)

The ADP (Automatic Data Processing)  National Employment Report is a monthly report that provides an estimate of the number of jobs added or lost in the U.S. private sector, excluding farming and government.  The report is based on data from Fro

Aug 30, 2023 |