What’s Ahead For Mortgage Rates This Week – May 28th, 2024

The Consumer Sentiment Report was the sole important report to take place the prior week, keeping with the  trend of the cooling-off period that happens the weeks following the CPI and PPI data releases. Consumer sentiment this time around has come to be slightly below expectations and falling to a 6-month low, marking a great change in overall sentiment towards the clear trend in rising costs in goods and services. It is largely expected that the Federal Reserve, even with the recent improvement in data, will maintain its stance at holding rates at the current position until a later date…
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What’s Ahead For Mortgage Rates This Week – May 28th, 2024

The Consumer Sentiment Report was the sole important report to take place the prior week, keeping with the  trend of the cooling-off period that happens the weeks following the CPI and PPI data releases. Consumer sentiment this time around has come to be slightly below expectations and falling to a 6-month low, marking a great change in overall sentiment towards the clear trend in rising costs in goods and services. It is largely expected that the Federal Reserve, even with the recent improvement in data, will maintain its stance at holding rates at the current position until a later date…
Read More

What’s Ahead For Mortgage Rates This Week – May 28th, 2024

The Consumer Sentiment Report was the sole important report to take place the prior week, keeping with the  trend of the cooling-off period that happens the weeks following the CPI and PPI data releases. Consumer sentiment this time around has come to be slightly below expectations and falling to a 6-month low, marking a great change in overall sentiment towards the clear trend in rising costs in goods and services. It is largely expected that the Federal Reserve, even with the recent improvement in data, will maintain its stance at holding rates at the current position until a later date…
Read More