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What’s Ahead For Mortgage Rates This Week – May 13th, 2024

What’s Ahead For Mortgage Rates This Week – May 13th, 2024

by Mark Maldonado | May 13, 2024 | Financial Reports

An extremely light week following the FOMC, with the only note-worthy reporting being the Consumer Sentiment reports from the University of Michigan, which gives a long term outlook of the consumer on the economy. The report has come in well under expectations, much...
What’s Ahead For Mortgage Rates This Week – May 6th, 2024

What’s Ahead For Mortgage Rates This Week – May 6th, 2024

by Mark Maldonado | May 6, 2024 | Financial Reports

Week in Review With the passing of the Federal Open Market Committee rate decision panel, we now have definitively confirmed that the Federal Reserve intends to keep the rates at a two-decade high, for the sixth straight meeting by a unanimous vote. Jerome Powell had...
What’s Ahead For Mortgage Rates This Week – April 29th, 2024

What’s Ahead For Mortgage Rates This Week – April 29th, 2024

by Mark Maldonado | Apr 29, 2024 | Financial Reports

At Wednesday’s meeting, the Federal Open Market Committee (FOMC) is widely expected to maintain the current federal funds rate target range of 5.25% to 5.50%. This decision comes amidst conflicting economic signals. Tailing that, there is the Chicago PMI,...
What’s Ahead For Mortgage Rates This Week – April 22nd, 2024

What’s Ahead For Mortgage Rates This Week – April 22nd, 2024

by Mark Maldonado | Apr 22, 2024 | Financial Reports

Last week, the largest report was the Federal Reserve’s Beige Book, leading into chairman of the Federal Reserve Jerome Powell speaking on the current state of the economy and the stance of the Federal Reserve. While the Beige Book has indicated some positive...
What’s Ahead For Mortgage Rates This Week – April 15th, 2024

What’s Ahead For Mortgage Rates This Week – April 15th, 2024

by Mark Maldonado | Apr 15, 2024 | Financial Reports

The Consumer Price Index (CPI) is showing higher than expected inflation, and the Producer Price Index (PPI) is showing lower than expected inflation. The two are in conflict with each other; however, the Consumer Price Index is still the far greater indicator for...
What’s Ahead For Mortgage Rates This Week – April 8th, 2024

What’s Ahead For Mortgage Rates This Week – April 8th, 2024

by Mark Maldonado | Apr 8, 2024 | Financial Reports

With the upcoming CPI and PPI reports this week, last week still had a number of important data points to consider. First, the non-farm payroll data, helping reveal the situation of pay versus inflation data giving an overall description of the state of the economy in...
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Federal Hill Mortgage Company, LLC is a broker and lender licensed in MD, DE, PA, VA, DC, NC & TX.

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