Mortgage rates held relatively steady last week as most economic news came in better than expected.Consumer Confidence bounced back upward by 6.9 points to the highest level it has seen since spring.The third quarter’s GDP was once again adjusted upward for a final 3.2% reading. The core reading ofthe PCE Prices came in at 0.2%, […]
Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis beginning to impact inflation. The ISM Services Index moved upward, and the Producer Price Indexcame in a bit over expectations. However, recent comments from the Fed have led the market toanticipate a 50 basis point increase at this […]
Mission Chronicle Newsletter Dec 5th 2022. Platforms: Browser, mobile-responsiveIdeal for: Leasing agents and tenants Mortgage rates managed to decline slightly last week as hopes grew for a smaller rate increase of 50basis points from the Fed at its next meeting. PCE Prices, which are the Fed’s preferred measure forinflation, revealed a core increase of only […]
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