Daily Rate Update: May 21st-25th

Friday – May 25, 2018 Memorial Day marks the unofficial start of summer, and Americans will kick off the season by traveling in near-record numbers. According to AAA, more than 41.5 million Americans will travel this Memorial Day weekend, nearly … Read More

Daily Rate Update: May 14th-18th

Friday – May 18, 2018 Fannie Mae released its May 2018 Economic and Housing Outlook yesterday revealing that despite a lusterless first three months of 2018, it expects home sales to post decent gains both this year and next, as … Read More

Daily Rate Update: May 7th-11th

Friday – May 11, 2018 The Mortgage Bankers Association reported on Thursday that its Builder Application Survey for April shows that mortgage applications to purchase new homes rose 7.5% compared to April 2017. However, compared to March, applications declined 5%. … Read More

Daily Rate Update: April 30th-May 4th

Friday – May 4, 2018 The Bureau of Labor Statistics reported on Friday that U.S. employers added 164,000 new workers in April, below the 190,000 expected. This was up, however, from the 135,000 recorded in March (which was revised higher … Read More

Daily Rate Update: April 23rd-27th

Friday – April 27, 2018 The Bureau of Economic Analysis reported on Friday that economic growth in the first quarter of 2018 slipped from the final three months of 2017, though the number did beat estimates. The first reading on … Read More

Daily Rate Update: April 16th-20th

Friday – April 20th, 2018 Wells Fargo has finally come to terms with the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau to the tune of $1 billion. The bank will now put behind the … Read More

Daily Rate Update: April 9th-13th

April 13, 2018 –  Consumer Sentiment slipped in early April after having hit a record high in March, due in part to the recent trade tariffs announced by the Trump administration. The Consumer Sentiment Index declined to 97.8 in early … Read More

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