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What’s Ahead For Mortgage Rates This Week – September 30th, 2024

What’s Ahead For Mortgage Rates This Week – September 30th, 2024

by Mark Maldonado | Sep 30, 2024 | Financial Reports

With the release of the PCE Index data, we are seeing the trend hold as inflation continues to slow down. This gives the Federal Reserve room to continue its rate cuts in the future. Following the positive news for inflation data, the GDP has also seen a...
What’s Ahead For Mortgage Rates This Week – September 23rd, 2024

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

by Mark Maldonado | Sep 23, 2024 | Financial Reports

The long-awaited week has come and within expectations, the Federal Reserve has decided to reduce interest rates for central banks by 50 basis points. This is the bigger of the two options for a rate cut, with the lesser being 25 basis points. The impact of this...
What’s Ahead For Mortgage Rates This Week – September 16th, 2024

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

by Mark Maldonado | Sep 16, 2024 | Financial Reports

The week for the Federal Reserve’s rate decision has finally come. This is the week everyone has been waiting which will decide whether we will see any rate cuts this year. There has been a lot of speculation that this will be the first rate cut and likely more...
What’s Ahead For Mortgage Rates This Week – September 9th, 2024

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

by Mark Maldonado | Sep 9, 2024 | Financial Reports

This week, the most important release of the year regarding inflation data will occur. Once again the CPI and PPI take the front stage clearing the way for rate cuts made by the Federal Reserves. Based on several indicators, there is strong confidence that if the...
What’s Ahead For Mortgage Rates This Week – September 3rd, 2024

What’s Ahead For Mortgage Rates This Week – September 3rd, 2024

by Mark Maldonado | Sep 3, 2024 | Financial Reports

With the PCE Index data coming in as exactly as expected and the Federal Reserve signaling a strong potential for a rate cut, there is much optimism we will be seeing a rate cut this year if not the start of the next year. Among the PCE inflation data reports were the...
What’s Ahead For Mortgage Rates This Week – August 26th, 2024

What’s Ahead For Mortgage Rates This Week – August 26th, 2024

by Mark Maldonado | Aug 26, 2024 | Financial Reports

Last week’s light release schedule suggests that the Federal Reserve may be planning to cut rates this year, as most inflation data align with this expectation. This week, the only notable releases are the minor FOMC Minutes and the U.S. leading economic...
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Federal Hill Mortgage Company, LLC is a broker and lender licensed in MD, DE, PA, VA, DC, NC & TX.

Company NMLS #176351. Equal housing lender.

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