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Writer's picturePaul Mackay

What is Happening in the Mortgage and Real Estate Markets.

Monday July 15, 2024 @ 2:03pm

Today’s Mortgage Rates

The Mortgage News Daily rate index is published daily (weekdays) around 4PM EST.

 

25 Min, 42 Secs ago

Mortgage Rates' Impressive Winning Streak Faces Increasing Resistance

We occasionally reference 5 day winning streaks for mortgage rates as the sort of uncommon occurrence that greatly increases the odds of at least a temporary pullback.  Longer streaks do happen, but odds of a pullback increase sharply after 8 days. With all that in mind, today marked the 8th straight day of improvement in mortgage rates. D... (continue reading)


Sourced From: Mortgage News Daily

 

Fri, Jul 12 2024, 4:23 PM

Mortgage Rates Shrug Off Seemingly Threatening Inflation Data to hit 5 Month Lows

Yesterday was all about the CONSUMER Price Index (CPI), which helped mortgage rates drop at the 2nd fastest pace of the year.  Today brough the PRODUCER Price Index (PPI), and the message was a bit different. While PPI is not in the same league as CPI in terms of its impact on rates, there have been several recent examples that have left a ma... (continue reading)


Sourced From: Mortgage News Daily

 

Federal Open Market Committee

The FOMC holds eight regularly scheduled meetings during the year and other meetings as needed. Links to policy statements and minutes are in the calendars below. The minutes of regularly scheduled meetings are released three weeks after the date of the policy decision. Committee membership changes at the first regularly scheduled meeting of the year.


The Next FED Meeting

July 30 - 31, 2024

 

Expert poll: Mortgage rate trend predictions for July 11 - 17, 2024

Powered By: BankRate.com


 

Orange County, California - Market Trend

 
 

The information provided in this Blog page is for informational purposes only. It is provided by third party sources Including but not limited to: Mortgage News Daily, Realtor.com, MSN.com and Zillow.com. It is deemed reliable but not guaranteed accurate.

All information is subject to change without notice.

 

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