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Mortgage News: 07-07-2023 Fed signals rate hike…

Mortgage News:
Mortgage News:

Mortgage News:

 

  • Economic Outlook: The Federal Reserve remains optimistic about the economy, with officials seeing a possibility of avoiding a recession. However, watch for the upcoming jobs report on Friday, as it will provide further insights into the economic landscape.

 

  • Market Volatility and Mortgage Rates: The mortgage rate landscape has seen significant changes in the past week. Positive economic news, including stronger job growth and business activity, has led to a surge in rates. Mortgage rates have experienced their largest move in weeks, jumping higher into the 7% range. 
  • Federal Reserve Board – Home
Mortgage news
Mortgage News