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Latest News Tag: Work Trends

Inflation Continues To Ease

This past week, mortgage rates held near the best levels of the last several months in response to the lowest inflation reading in two years. Let's discuss what happened and have a look at this week. Inflation Moving Lower The Consumer Price Index (CPI) for April, a closely watched reading on consumer inflation, was reported […]

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Fed Hikes Rates For Tenth Time

This past week the Federal Reserve raised rates for the 10th time in a little over a year. Let's discuss what happened and see what this week has in store for us. The Last Hike? As we expected, the Federal Reserve raised the Fed Funds Rate to a range of 5.00% - 5.25%. Remember, this […]

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New Home Sales Grow As Economy Slows

Home loan rates continue to stabilize ahead of this week's Fed Meeting. Let's discuss what happened last week as we await yet another Fed rate hike Wednesday. New Home Sales Soared In March Housing continues to show some positive signs lately, thanks to the decline in mortgage rates. This week, New Home Sales for March […]

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Fed Rate Hike Coming?

Home loan rates have ticked higher week to week but some bad economic news halted the rise. Let's discuss what happened and look ahead into next week. Positive Bank Earnings Impact The rise in home loan rates over the last couple of weeks has mainly been in response to good news from the banking sector. […]

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Bonds Mojo Rising

Last week home loan rates remained steady and near their best levels in six months. Let's discuss what happened and the technical factors that are limiting further rate improvement. Consumer Prices are Coming Down Consumer Prices fell in March, supporting the notion that inflation remains in a downward trend. The headline Consumer Price Index (CPI), […]

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Dark Clouds Helping Rates

Last Week in Review: Dark Clouds Helping Rates Home loan rates reached their best levels in two months on the heels of not-so-good news. Let's get into what happened and look into the week ahead. Bad News is Good News for Rates The JOLTS (Job Openings and Labor Turnover Survey) report, a leading indicator on […]

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Banking Fears Ease

Last Week in Review: Banking Fears Ease This past week, home loan rates ticked higher from the previous week in response to no dire news in the banking sector. Let's walk through the Fed Meeting and the other big events impacting the markets. Contagion Fears Subside No news was good news for stocks and bad […]

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Fed Raises Rates, Home Loan Rates Decline

Last Week in Review: Fed Raises Rates, Home Loan Rates Decline This past week, home loan rates hovered near the lowest levels in over a month as the Federal Reserve raised rates once again. Let's walk through the Fed Meeting and the other big events impacting the markets. Fed Funds Rate Hike "Some additional policy […]

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SVB Bank Fallout and Rates

Last Week in Review: SVB Bank Fallout and Rates This past week, home loan rates improved to their lowest levels in a month in response to the closures of Silicon Valley Bank (SVB) and Signature Bank. Let's walk through what happened as we approach the Fed Meeting this week. SVB Failure And Rates It's important […]

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Powell Visits Capitol Hill

Last Week in Review: Powell Visits Capitol Hill This past week, Fed Chair Powell testified on Capitol Hill and his words sent rates higher. Let's walk through what happened and take a peek at what to watch next week. "Rates Need to Go Higher, Faster" Last Tuesday and Wednesday, Fed Chair Jerome Powell testified before […]

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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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