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Why Purchasing A House In 2022 Is Smart Despite Inflation

by Racheli Refael | Jan 26, 2022 | Mortgage

Anyone who has paid attention to the news has likely noticed that inflation is a constant headline. Inflation takes place when the average cost of goods and services begins to rise. There are a number of reasons why inflation has been rising at record rates during...

What’s Ahead For Mortgage Rates This Week – January 18, 2022

by Racheli Refael | Jan 18, 2022 | Financial Reports

Last week’s scheduled economic reporting focused on inflation with monthly and year-over-year readings on overall and core inflation. Federal Reserve Chair Jerome Powell was confirmed for a second term as Federal Reserve chair.  The University of Michigan...

FOMC Statement: Fed Policymakers Discuss Easing Accommodations as Economy Improves

by Racheli Refael | Nov 5, 2021 | Financial Reports

The Federal Reserve’s Federal Open Market Committee considered easing monetary accommodations implemented in response to stronger economic conditions according to its post-meeting statement issued November 3. The Fed started making trillions in monthly bond...

What’s Ahead For Mortgage Rates This Week – August 16, 2021

by Racheli Refael | Aug 16, 2021 | Financial Reports

Last week’s economic reporting included readings on job openings, inflation, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released. Job Openings Rise as Inflation Rate Falls The Labor Department reported a record number...

What’s Ahead For Mortgage Rates This Week – July 19, 2021

by Racheli Refael | Jul 19, 2021 | Financial Reports

Last week’s scheduled economic reports included readings on inflation, Fed Chair Jerome Powell’s testimony before the House Financial Services Committee, and the University of Michigan’s Consumer Sentiment Index. Weekly readings on mortgage rates and...
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Cornerstone Mortgage
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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