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What’s Ahead For Mortgage Rates This Week – August 26th, 2024

by lizlaurenb | Aug 26, 2024 | Financial Reports

Last week’s light release schedule suggests that the Federal Reserve may be planning to cut rates this year, as most inflation data align with this expectation. This week, the only notable releases are the minor FOMC Minutes and the U.S. leading economic...

What’s Ahead For Mortgage Rates This Week – August 19th, 2024

by lizlaurenb | Aug 19, 2024 | Financial Reports

The results are in, and both the CPI and PPI inflation reports confirm that inflation has come in lower than expected, surpassing expectations. This is a great result leading forward for the next FOMC Rate Decision meeting, as there is high optimism now that the rate...

What’s Ahead For Mortgage Rates This Week – August 12th, 2024

by lizlaurenb | Aug 12, 2024 | Financial Reports

With so little in the way of data releases following the previous week’s FOMC Rate Decision, we’re left with a small release schedule with Consumer Credit and U.S. Trade Deficit rounding up the reports. While relatively light indicators of the current...

What’s Ahead For Mortgage Rates This Week – August 5th, 2024

by lizlaurenb | Aug 5, 2024 | Financial Reports

The Federal Reserve’s decision to maintain the current interest rates has paved the way for a potential rate cut in September. While this news has been met enthusiastically by lending partners, the broader markets have indicated a slightly less warm reception...

What’s Ahead For Mortgage Rates This Week – July 29th, 2024

by lizlaurenb | Jul 29, 2024 | Financial Reports

Following the release of the PCE Index figures, which the Federal Reserve prefers as its key inflation metric, the data indicates a slight increase in inflation for the third quarter. Nonetheless, market sentiment remains unchanged, and the prediction that the Federal...
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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

Racheli Mortgage Team

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