There are lots of people who have heard that one of the top ways to ensure the best mortgage rate possible is to refinance. At the same time, it is critical to make sure that this process is planned out accordingly.
There are lots of people who have heard that one of the top ways to ensure the best mortgage rate possible is to refinance. At the same time, it is critical to make sure that this process is planned out accordingly.
The first week of December’s largest reports are the GDP estimates, which will be the second estimations of the year prior to the final release. The final GDP reports will be after the new year and are the strongest indicator for the economic state of the country.
The numbers: The leading economic index declined 0.8% in October and fell for the 19th month in a row, but the U.S. economy doesn’t appear any closer to a recession than when the losing streak began.
There’s a consistent trend of inflation slowing down which brings a greater potential for the end of any rate hikes from the Federal Reserve, signaling a soft-landing for the economy which has been touted by Jerome Powell. With a soft landing, it does also signal a strong potential for the Federal Reserve to begin lowering rates in the coming future.
The week following the FOMC rate decision meetings are typically very light, with the two most influential releases being the […]
Securing a mortgage to purchase your dream home is a significant financial decision. One of the essential aspects of this […]
The most important data of the quarter was released, signaling the direction for many markets and where economic policy may […]
This week’s most significant data offered preliminary numbers for manufacturing and services PMI (Purchasing Managers Index). Both can serve as […]
This week featured the usual retail sales report which shows consumer demand and as well as an indicator of the […]
Comparing mortgages is a crucial step in the process of buying a home or refinancing an existing mortgage. Here are […]