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...
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Lloyd White Jr. NMLS 119465
Nov 152 min read
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.....
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Lloyd White Jr. NMLS 119465
Nov 82 min read
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...
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Lloyd White Jr. NMLS 119465
Nov 12 min read
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....
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Lloyd White Jr. NMLS 119465
Oct 182 min read
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...
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Lloyd White Jr. NMLS 119465
Oct 112 min read
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...
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Lloyd White Jr. NMLS 119465
Sep 272 min read
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...
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Lloyd White Jr. NMLS 119465
Sep 202 min read
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...
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Lloyd White Jr. NMLS 119465
Sep 132 min read
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...
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Lloyd White Jr. NMLS 119465
Sep 62 min read
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...
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Lloyd White Jr. NMLS 119465
Aug 302 min read
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...
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Lloyd White Jr. NMLS 119465
Aug 232 min read
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...
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Lloyd White Jr. NMLS 119465
Aug 91 min read
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...
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Lloyd White Jr. NMLS 119465
Aug 22 min read
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...
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Lloyd White Jr. NMLS 119465
Jul 262 min read
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...
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Lloyd White Jr. NMLS 119465
Jul 192 min read
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...
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Lloyd White Jr. NMLS 119465
Jul 123 min read
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...
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Lloyd White Jr. NMLS 119465
Jun 142 min read
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...
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Lloyd White Jr. NMLS 119465
Jun 72 min read
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...
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Lloyd White Jr. NMLS 119465
May 311 min read
Rate Update for 5/31/2024
Mortgage rates are at the exact same level as last week, but they were much higher to start the week. This week started off with a...
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