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Latest News Tag: Work Trends

The Fed Was Quiet, The Markets Were Not

This past week, home loan rates hovered near the highest levels in this century. Let's look at what moved the markets and look into the week ahead. European Central Bank Pauses Rates Hikes European Central Bank (ECB) President Christine Lagarde did not hike rates this past week, citing economic weakness. This action and statement from […]

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Headwinds And Unsustainable Trends

This past week home loan rates touched the highest levels in this century. Let's talk about the recent headwinds for interest rates and other big events as we march toward the next Fed meeting on November 1st. Headwind #1 - QT Back in 2020, to stabilize the U.S. bond markets, the Federal Reserve began a […]

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Private Job Creations, Oil and Rates Fall

It was another wild week in the financial markets with interest rates backing away from the highest levels in decades. Let's discuss what happened and look at the news to watch for this coming week. JOLTS Report Jolts the Markets Last Tuesday, the JOLTS report, which shows how many jobs are available, ticked up much […]

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Significant Upside Inflation Risks Continue

This past week, the minutes from the July Fed Meeting were released. The news didn't help home loan rates, which ticked up to the peaks of last year. Let's look at what happened and talk about the headline risk for this week. "Uncertainty of the U.S. economic outlook remains elevated"... FOMC minutes from the July […]

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Higher Energy Prices Lift Inflation in August

Inflation perked up, yet interest rates improved from key levels. Let's walk through the big financial news of last week as we approach this Wednesday's Fed Meeting. Tale Of Two Inflations Last Wednesday, the Consumer Price Index (CPI) for August increased by 0.6% for the month, lifting the annual rate to 3.7%, both of which […]

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Oil Spikes Bring Fear of Rate Hikes

September has been a rough month so far for bonds and rates. Let's discuss the big headlines last week in the financial markets. Oil Gushing Higher The price of oil has been on the rise, hitting 10-month highs, due to lower supply levels and production cuts from Saudi Arabia and Russia. This rise has also […]

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Labor Day and Labor Markets

Interest rates improved amidst a huge week of economic news last week. Let's look at what happened and take a peek into the week ahead. Bad News Is Good News Bonds and interest rates like bad economic news as it lowers the threat of more Federal Reserve rate hikes. Last week, we did see some […]

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A Pause In The Action

As summer nears the end, home loan rates took a pause on their recent uptick. Let's discuss what happened and look at the important week ahead. Mortgage Rates At 21 Year Highs The big news in mortgage and housing has been the recent and rapid rise in home loan rates. Early in the week, they […]

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Significant Upside Inflation Risks Continue

This past week, the minutes from the July Fed Meeting were released. The news didn't help home loan rates, which ticked up to the peaks of last year. Let's look at what happened and talk about the headline risk in the week ahead. "Uncertainty of the U.S. economic outlook remains elevated"... FOMC minutes from the […]

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Inflation Rises Lower than Expected in July

This past week home loan rates remain elevated despite consumer inflation being reported slightly lower than expected. Let's discuss what happened and look at the week ahead. Inflation Hits 3.2% Last Thursday, the Bureau of Labor Statistics reported the Consumer Price Index (CPI) for July at 3.2% year-over-year which was slightly lower than the 3.3% […]

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Equal Housing Opportunity An Equal Housing Opportunity Lender. Copyright 2007 - 2024 . Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS ID # 2600. Toll Free # 800-561-4567. All rights reserved. Restrictions may apply. All loans are subject to credit, underwriting and property approval guidelines.  Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site: www.nmlsconsumeraccess.com.

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