The Mortgage 1 Team

MMG Weekly | June 17, 2024

A Look Into the Markets This past week the Federal Reserve decided not to cut rates and shared their updated forecast on the economy. Let’s discuss what was said and what’s ahead for the upcoming week. Higher for Longer Continues The Federal Reserve met last Wednesday and once again decided to pause and make no

MMG Weekly | June 17, 2024 Read More »

MMG Weekly 6.10.24- Header

MMG Weekly | June 10, 2024

A Look Into the Markets Interest rates dropped to the lowest levels in the last two months. Let’s discuss why and what’s next. Economic Deceleration A big driver of interest rates is the state of the economy. In times when the economy is booming, interest rates tend to run higher as both unemployment and inflation

MMG Weekly | June 10, 2024 Read More »

MMG Weekly | May 28, 2024

A Look Into the Markets This past week interest rates inched up as “higher for longer” signs around the globe emerged. Before we get into the news, let’s take a moment to reflect on this Memorial Day holiday and its significance. Originally called Decoration Day, Memorial Day was first observed after the Civil War and

MMG Weekly | May 28, 2024 Read More »

MMG Weekly | May 20, 2024

A Look Into the Markets This past week interest rates have reached the best levels in over a month. Let’s discuss what happened and what news to watch next week. Ahhhh Last Wednesday, the highly anticipated Consumer Price Index was released. Back on April 10th, the previous CPI reading was reported hotter than expected and

MMG Weekly | May 20, 2024 Read More »

MMG Weekly 5.13.24- Header

MMG Weekly | May 13, 2024

A Look Into the Markets This past week, interest rates held steady or moved sideways after the nice decline we experienced a couple of weeks ago. Let’s discuss what happened and look at the news items in the week ahead. Fed Speakers Toeing the Line “Eventually we’ll have rate cuts, but for now monetary policy

MMG Weekly | May 13, 2024 Read More »

MMG Weekly 5.6.24- Header

MMG Weekly | May 6, 2024

A Look Into the Markets The Federal Reserve met this past week and held rates steady for the 6th consecutive meeting. Let’s discuss what was said and how the market reacted going into next week. “I think it’s unlikely that the next policy rate move will be a hike.” Fed Chair Jerome Powell. The Fed

MMG Weekly | May 6, 2024 Read More »

MMG Weekly | April 15, 2024

A Look Into the Markets The bond market and interest rates had a rough week, especially on Wednesday when a high inflation print sent interest rates to the highest levels of the year. Let’s discuss what happened and look at the fallout ahead. Consumer Prices Climbing On Wednesday, the Consumer Price Index (CPI) was reported,

MMG Weekly | April 15, 2024 Read More »

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