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Mortgage rates are moving after a big week of data. In this video I break down the new PPI inflation report, CPI, jobless claims, oil prices, and what it all means for your mortgage rate, plus what the Federal Reserve is likely to do at its next meeting.
If you're a homebuyer, homeowner, or realtor trying to figure out where mortgage rates go from here, this is exactly...
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CPI came in right on point today, cooling core inflation to 2.5% year over year. Here's what today's inflation report means for mortgage rates, homebuyers, refinance timing, and where rates could head by the end of the day.
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Mortgage rates are reacting to this week's inflation data, with oil prices above $82 a barrel and a weak ADP jobs report already moving the market. Dan Frio breaks down what CPI, PPI, and the Federal Reserve's next move mean for your mortgage rate, whether you're buying, refinancing, or watching from the sidelines.
Read more on the blog:
Mortgage rates are reacting to a soft jobs report, oil prices holding under $80, and a Federal Reserve meeting just 37 days away. I break down CPI, PPI, unemployment at 4.2%, and what all of it means for your rate this week.
Here's what's driving the mortgage rate market today:
The June jobs report just showed 20,000 jobs lost while unemployment somehow held at 4...