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What’s Ahead For Mortgage Rates This Week – March 25th, 2024

by lizlaurenb | Mar 25, 2024 | Financial Reports

While it’s not a set deal, the Federal Reserve does appear to be on track for a June rate cut, and following its two-day policy meeting, the central bank’s rate-setting Federal Open Market Committee said it will keep its benchmark overnight borrowing rate...

What’s Ahead For Mortgage Rates This Week – March 18th, 2024

by lizlaurenb | Mar 18, 2024 | Financial Reports

Last week’s inflation data came in at a higher rate than expected, with Price Producer Index (PPI) numbers showing more than double the expected inflation gain.With both CPI and PPI being over the target, the steadfast certainty that the Federal Reserve will cut...

What’s Ahead For Mortgage Rates This Week – March 11th, 2024

by lizlaurenb | Mar 11, 2024 | Financial Reports

With a focus on the upcoming inflation data reports with CPI and PPI this week, the previous week was very light on data. The only relevant reports released were the non-farm payroll and U.S. trade balance data releases. Job reports are showing robust hiring...

What’s Ahead For Mortgage Rates This Week – March 4th, 2024

by lizlaurenb | Mar 4, 2024 | Financial Reports

A number of important consumer related data reports were released last week, giving us a clearer picture on inflation impacts and the state of the economy on a broader scale. First up, looking at the First Revision of GDP numbers, we are seeing they had fallen...

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

by lizlaurenb | Feb 26, 2024 | Financial Reports

A government holiday followed by an extremely light release schedule has led to a limited amount of data, with the FOMC Minutes being the only impactful report for the prior week. The Federal Reserve had stated they will continue to maintain their current stance in...
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Cornerstone First Mortgage, LLC NMLS#173855 

Racheli Refael NMLS# 64918

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

Call 954-800-0330

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