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What’s Ahead For Mortgage Rates This Week – December 23rd, 2024

What’s Ahead For Mortgage Rates This Week – December 23rd, 2024

by Mark Maldonado | Dec 23, 2024 | Financial Reports

The rate cut by the Federal Reserve was hotly anticipated, and as predicted, they proceeded with the reduction, signaling the possibility of further cuts depending on inflation data. Although markets were generally receptive to the positive news, other...
What’s Ahead For Mortgage Rates This Week – December 16th, 2024

What’s Ahead For Mortgage Rates This Week – December 16th, 2024

by Mark Maldonado | Dec 16, 2024 | Financial Reports

Last week featured a light release schedule, with the key highlights being the CPI and PPI reports. The CPI has proven to be exactly within expectations, signaling the Federal Reserve should be on track for another planned rate cut. However, this was offset by...
What’s Ahead For Mortgage Rates This Week – December 9th, 2024

What’s Ahead For Mortgage Rates This Week – December 9th, 2024

by Mark Maldonado | Dec 9, 2024 | Financial Reports

With the CPI and PPI scheduled for release in the upcoming week, the previous week was lightly peppered with a small amount of impactful financial data releases. The highlight was the S&P Manufacturing PMI, which reported final numbers for the year showing...
What’s Ahead For Mortgage Rates This Week – December 2nd, 2024

What’s Ahead For Mortgage Rates This Week – December 2nd, 2024

by Mark Maldonado | Dec 2, 2024 | Financial Reports

Leading off with the FOMC Minutes, the Federal Reserve has stated once again they will maintain a “gradual” approach to cutting interest rates, which has aligned with their goals of meeting their target 2% inflation goal. The PCE Index release numbers, the...
What’s Ahead For Mortgage Rates This Week – November 25th, 2024

What’s Ahead For Mortgage Rates This Week – November 25th, 2024

by Mark Maldonado | Nov 25, 2024 | Financial Reports

Following the election results, the University of Michigan’s Consumer Sentiment Report painted a less-than-stellar picture, reflecting stagnation in sentiment. The prior week was relatively light, aside from the Consumer Sentiment data. However, the S&P PMI...
What’s Ahead For Mortgage Rates This Week – November 18th, 2024

What’s Ahead For Mortgage Rates This Week – November 18th, 2024

by Mark Maldonado | Nov 18, 2024 | Financial Reports

With the release of the latest CPI and PPI data, inflation has increased month-to-month for the first time since March, marking the first rise in over seven months. The Federal Reserve has reiterated its goal of reducing inflation to a 2% target within a year. While...
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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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