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Market Update: Rates Climb Higher, Consumer Price Index Could Affect the Trend this Week

Blog posted On February 13, 2023

Mortgage rates trended higher last week after stronger-than-expected jobs reports the week before. A stronger jobs report indicates a stronger economy, which generally leads to higher rates. However, last week there were some other factors involved as well. Though there was a lot of change last week, it’s important to remember that this “doesn't carry an implication for the next move,” writes Matthew Graham of Mortgage News Daily. Meaning, just because last week’s rates trended higher doesn’t mean that they will continue on this path. In fact, a lot could change this week with the upcoming consumer price index scheduled for release tomorrow morning. If the inflation numbers come in hotter-than-expected, it could mean bad news for rates. But if they come in below expectations, rates could very well stabilize or trend lower.

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How to Lower Your Interest Rate on an FHA or VA Loan

Blog posted On January 25, 2023

Housing affordability has become increasingly difficult in 2022 as home prices and mortgage rates have trended higher. Many buyers are eager to escape soaring rent prices but struggling to find affordable ways to buy a home. A couple of popular loan options for new buyers are FHA Loans and VA Loans. They’re generally easier to qualify for and offer more lenient underwriting requirements. Plus, you can now lower your monthly mortgage payments for up to three years with our temporary interest rate buydown for FHA and VA Loans.

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Checking working after changing Nugget MOD

Blog posted On October 05, 2022

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New blog article for testing

Blog posted On November 28, 2021

This is the article abstract...just a summary here. Changing for AF

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TestingALM

Blog posted On November 03, 2021

Hello Abstract

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Kory team article test

Blog posted On May 03, 2021

This is the abstract for the article, yay!

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This one is a general daily post article

Blog posted On May 03, 2021

Hello abstract

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This is a test daily post

Blog posted On February 02, 2021

Just an abstract, nothing special

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Arturo Testing 1 changed

Blog posted On January 31, 2021

Hols

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Blog only for Retail and New York

Blog posted On January 19, 2021

Blog only for New York

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Mortgage rates skyrocket

Blog posted On January 12, 2021

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Xmas ends again like last year

News posted On January 07, 2021

The roscon story

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Batman sighted! downtown bmore, headline

Blog posted On January 03, 2021

Batman abstract here

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Blog posted On December 21, 2020

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Article Created by Arturo in Kentico

Blog posted On December 15, 2020

The abstract for Article

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The second Article for today

News posted On December 15, 2020

This is the Abstract

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