The Mortgage 1 Team

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 »

MMG Weekly | April 1, 2024

A Look Into the Markets Mortgage rates improved slightly in this holiday-shortened week. Let’s discuss what happened as the first quarter of 2024 comes to an end and we brace for a surprise on Monday, April Fool’s Day. Fed Members Not Aligned At the most recent Fed Meeting, Fed Chair Jerome Powell led the markets

MMG Weekly | April 1, 2024 Read More »

MMG Weekly | March 18, 2024

A Look Into the Markets This past week interest rates ticked up, amidst higher inflation numbers and U.S. debt being sold. Let’s look at what happened as we approach the important Fed Meeting next week. Consumer Prices Remain Elevated The Consumer Price Index (CPI) for February came in above expectations with shelter and energy making

MMG Weekly | March 18, 2024 Read More »

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