Posts Tagged ‘Rates’
Higher Rates Are Here For Now
Wholesale Inflation is AS EXPECTED and INFLATION data continues to give an indication of another Fed Rate Cute in December (at the moment). Unemployment Applications squeaked LOWER so there’s certainly NO JOB Market Weakness. People are MAKING more though the cost of living (Rents, Housing, Groceries) has outpaced the real wage gains. Until there are…
Read MoreAs of 8/19/2024 – Base Rates Continue to Improve
The BASE RATES (before addons for LTV, DTI, and FICO) continue to creep downward. The current talk on the street is that the Federal Reserve will be looking to lower the overnight rate charged to banks 0.25% in September and the big question is whether or not there will be 3 or 4 reductions in…
Read MoreAs of 8/12/2024 – Base Rates Continue to Improve
The BASE RATES (before addons for LTV, DTI, and FICO) continue to creep downward based on last week’s lower than expected Jobs Reports and higher than expected unemployment figures. With this the current talk on the street is that the Federal Reserve will be looking to lower the overnight rate charged to banks 0.25%…
Read MoreAs of 8/30/2023 – Base Rate Improvements
As of 8/30/2023 – Base Rate Improvements (FINALLY) Due to yesterdays JOLTS (Job Openings and Labor Turnover Survey) showing fewer job openings than expected and a softening of the labor market bonds rallied STRONG which generated a significant drop in rates yesterday followed by another one this morning. There is still a lot of risk…
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