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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...
What’s Ahead For Mortgage Rates This Week – November 12th, 2024

What’s Ahead For Mortgage Rates This Week – November 12th, 2024

by Mark Maldonado | Nov 12, 2024 | Financial Reports

Big inflation reports for the coming week with both CPI and PPI on the schedule. We should expect the data to remain within expectations given the latest reports from both the PCE Index and GDP estimates. The Federal Reserve has still remained hawkish and the last...
What’s Ahead For Mortgage Rates This Week – November 4th, 2024

What’s Ahead For Mortgage Rates This Week – November 4th, 2024

by Mark Maldonado | Nov 4, 2024 | Financial Reports

This week, the Federal Reserve’s preferred inflation data was released, and the results met expectations. This, along with recent GDP estimates, employment reports, and personal income/spending figures, paints a stable economic picture. It suggests that we may...
What’s Ahead For Mortgage Rates This Week – October 28th, 2024

What’s Ahead For Mortgage Rates This Week – October 28th, 2024

by Mark Maldonado | Oct 28, 2024 | Financial Reports

This week saw relatively light activity, primarily focused on discussions with the Federal Reserve Board. The only truly notable report released was the Consumer Sentiment Report, which happily reported that sentiment had risen for the month of October. Meanwhile, the...
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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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