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Rate Update for 12/13/2024
Mortgage rates are up about 0.125% this week, but it’s not really related to the weeks economic reports. Both inflation reports that came...
Lloyd White Jr. NMLS 119465
Dec 13, 20242 min read
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Rate Update for 11/22/2024
Mortgage rates moved sideways again this week, as Thursday’s Initial Jobless Claims number had no impact on the market. Next week we have...
Lloyd White Jr. NMLS 119465
Nov 22, 20242 min read
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Rate Update for 11/15/2024
Mortgage rates were up about 0.125% for the week and are back just above 7% for the average Conventional 30-year fixed loan in the U.S.....
Lloyd White Jr. NMLS 119465
Nov 15, 20242 min read
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Rate Update for 11/8/2024
Mortgage rates had a good week this week and they are now back down below the 7.0% level. Yesterday’s Fed meeting went as expected, with...
Lloyd White Jr. NMLS 119465
Nov 8, 20242 min read
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Rate Update for 11/1/2024
Mortgage rates ended this week at exactly the same level as last week and that can be taken as a win, given how bad the prior weeks were....
Lloyd White Jr. NMLS 119465
Nov 1, 20242 min read
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Rate Update for 10/18/2024
Interest rates held pretty steady this week, compared to this time last Friday. We saw rates move down a little to start the week, but...
Lloyd White Jr. NMLS 119465
Oct 18, 20242 min read
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Rate Update for 10/11/2024
Mortgage rates are now up about a half of a percent since the Fed cut rates last month. Rates were gradually rising after the Fed...
Lloyd White Jr. NMLS 119465
Oct 11, 20242 min read
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Rate Update for 9/27/2024
Mortgage rates continued their gradual rise again this week. Rates have now moved about 0.125% higher since the Fed meeting and rate cut...
Lloyd White Jr. NMLS 119465
Sep 27, 20242 min read
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Rate Update for 9/20/2024
The Fed announced a 0.5% cut in the Fed Funds Rate at the conclusion of their meeting this week. Many people would then assume that...
Lloyd White Jr. NMLS 119465
Sep 20, 20242 min read
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Rate Update for 9/13/2024
Mortgage Rates are now at their lowest level since February of ’23. This week’s CPI report came in marginally worse than expected, but it...
Lloyd White Jr. NMLS 119465
Sep 13, 20242 min read
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Rate Update for 9/6/2024
Rate Update for 9/6/2024 Interest rates are now at 18-month lows!! Today’s Jobs Report came in worse than expected, with 142,000 jobs...
Lloyd White Jr. NMLS 119465
Sep 6, 20242 min read
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Rate Update for 8/30/2024
Today’s PCE report, which is one of the Fed’s most closely watched inflation reports, came in almost exactly as forecasted. The monthly...
Lloyd White Jr. NMLS 119465
Aug 30, 20242 min read
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Rate Update for 8/23/2024
This week was a slow and uneventful week, as far as economic reports go.  The Fed Chairman Powell’s speech at their annual retreat in...
Lloyd White Jr. NMLS 119465
Aug 23, 20242 min read
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Rate Update for 8/9/2024
Mortgage rates were up marginally this week as the market awaits the CPI report next Wednesday. The upcoming report could have a big...
Lloyd White Jr. NMLS 119465
Aug 9, 20241 min read
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Rate Update for 8/2/2024
Mortgages rates had a great week this week and are now at their best levels in the last 6+ months! The Fed left rates alone at their...
Lloyd White Jr. NMLS 119465
Aug 2, 20242 min read
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Rate Update for 7/26/2024
Mortgage rates were pretty flat again this week, and they ended the week at almost the exact same level as last Friday. The big economic...
Lloyd White Jr. NMLS 119465
Jul 26, 20242 min read
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Rate Update for 7/19/2024
Mortgage rates stayed pretty steady this week, but it was a good week, as rates held on to the gains seen last week. We saw a couple of...
Lloyd White Jr. NMLS 119465
Jul 19, 20242 min read
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Rate Update for 7/12/2024
Mortgage rates had a good week this week as Thursday’s CPI report came in better than expected. The month-over-month number was expected...
Lloyd White Jr. NMLS 119465
Jul 12, 20243 min read
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Rate Update for 6/14/2024
Mortgage rates had a fantastic week this week, as most of the week’s economic reports came in better than expected for bonds. Mortgage...
Lloyd White Jr. NMLS 119465
Jun 14, 20242 min read
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Rate Update for 6/7/2024
Rate Update for 6/7/2024 Mortgage rates ended the week at almost the same level as last Friday. The week started out with the average...
Lloyd White Jr. NMLS 119465
Jun 7, 20242 min read
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