Tag Archive for: fed rate cut

Rates Shoot Up Again; Do Fed Rate Cuts INCREASE Mortgage Rates? Will They Fall Again?

/in ,
Rates have done nothing but go up since the Fed cut the Fed Funds Rate last Wednesday. We saw another spike in rates this morning as the bond market reacted to much stronger-than-expected economic data (GDP/growth, employment, and durable goods reports).Read More

Trump Pressures Fed To Cut Rates – But Why? Burn Letters; 2-1 Buydowns

/in ,
Our “free 2-1 buydown” offer is now one of our most popular offerings, but the problem is that the max loan amount is $350,000.Read More

Rates Skyrocket In Response To Hot Jobs Report

/in ,
We've seen 16 of the last 19 jobs reports revised downward. And some analysts are suspicious that this jobs report may be cooked a bit to help on the election front. But for now, rates are much higher and will remain so until we see some negative economic data surface - which, may not be until after the election, as I reminded readers yesterday.Read More

Rates Are Going Up In September

/in ,
Yes, rates are expected to trend downward, and yes, the economy is finally showing clear recessionary signals (see the labor market), and yes, the stock market could likely correct again, but, rates never move in a straight line,Read More