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What’s Ahead For Mortgage Rates This Week – May 13th, 2024

by lizlaurenb | May 13, 2024 | Financial Reports

An extremely light week following the FOMC, with the only note-worthy reporting being the Consumer Sentiment reports from the University of Michigan, which gives a long term outlook of the consumer on the economy. The report has come in well under expectations, much...

What’s Ahead For Mortgage Rates This Week – May 6th, 2024

by lizlaurenb | May 6, 2024 | Financial Reports

Week in Review With the passing of the Federal Open Market Committee rate decision panel, we now have definitively confirmed that the Federal Reserve intends to keep the rates at a two-decade high, for the sixth straight meeting by a unanimous vote. Jerome Powell had...

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

by lizlaurenb | Apr 29, 2024 | Financial Reports

At Wednesday’s meeting, the Federal Open Market Committee (FOMC) is widely expected to maintain the current federal funds rate target range of 5.25% to 5.50%. This decision comes amidst conflicting economic signals. Tailing that, there is the Chicago PMI,...

What’s Ahead For Mortgage Rates This Week – April 22nd, 2024

by lizlaurenb | Apr 22, 2024 | Financial Reports

Last week, the largest report was the Federal Reserve’s Beige Book, leading into chairman of the Federal Reserve Jerome Powell speaking on the current state of the economy and the stance of the Federal Reserve. While the Beige Book has indicated some positive...

What’s Ahead For Mortgage Rates This Week – April 15th, 2024

by lizlaurenb | Apr 15, 2024 | Financial Reports

The Consumer Price Index (CPI) is showing higher than expected inflation, and the Producer Price Index (PPI) is showing lower than expected inflation. The two are in conflict with each other; however, the Consumer Price Index is still the far greater indicator for...
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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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