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FOMC Statement: Fed Predicts 2 Interest Rate Hikes in 2023

by Racheli Refael | Jun 18, 2021 | Financial Reports

The Federal Open Market Committee of the Federal Reserve said in its post-meeting statement that the Federal Reserve expects to raise its benchmark interest rate range twice during 2023. No rate changes will be made during 2022 as the economy continues to recover from...

What’s Ahead For Mortgage Rates This Week – June 14, 2021

by Racheli Refael | Jun 14, 2021 | Financial Reports

Last week’s economic reporting included readings on job openings, inflation, and consumer sentiment. Weekly reports on mortgage rates and jobless claims were also released. Job Openings Increase as Employers Struggle to Fill Positions Job openings rose in April...

What’s Ahead For Mortgage Rates This Week – June 7, 2021

by Racheli Refael | Jun 7, 2021 | Financial Reports

Last week’s economic reporting included readings on construction spending and public and private-sector employment data. Weekly reports on mortgage rates and jobless claims were also released. Census Bureau Reports Construction Sending Up by 9.8 Percent...

Case Shiller: Home Prices Rise at Fastest Pace Since 2005

by Racheli Refael | Jun 2, 2021 | Financial Reports

March readings for S&P CoreLogic Case-Shiller Home Price Indices rose to their highest level since 2005 in March. National home prices rose by 13.20 percent year-over-year as compared to February’s reading of 12.00 percent growth. The Case-Shiller 20-City...

What’s Ahead For Mortgage Rates This Week – June 1, 2021

by Racheli Refael | Jun 1, 2021 | Financial Reports

Last week’s economic reports included readings on home price growth, new and pending home sales, and inflation. Weekly readings on mortgage rates and jobless claims were also released. Case-Shiller Reports Highest Gains in Home Prices Since 2005 March home...

What’s Ahead For Mortgage Rates This Week – May 24, 2021

by Racheli Refael | May 24, 2021 | Financial Reports

Last week’s economic reporting included readings from the National Association of Home Builders, data on sales of existing homes, and reports on housing starts and building permits issued. Weekly readings on mortgage rates and jobless claims were also released....
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Cornerstone First Mortgage, LLC NMLS#173855 

Racheli Refael NMLS# 64918

Branch address:
1471 NE 26th St. Suite 100
Fort Lauderdale, FL 33305

Call 954-800-0330

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