Entries by Andy Cruz

Fed Bomb or Dud – Where are mortgage rates going?

The Fed paused Rate hikes, but revealed they think their terminal rate should be 0.50% higher by the end of the year. Why the pause now? Why not raise immediately? What are they waiting for? Will they raise rates at July’s meeting? Where will mortgage rates go? What EXACTLY are they going to be watching […]

Who Should we Believe, Analysts or the Fed?

Once again it’s Fed Week. Wednesday Jerome Powell and the Federal Reserve will conclude their 2 day meeting, issue their interest rate decision, give prepared comments and conduct a Q & A with the press. Since the last meeting, the MAIN topic everyone had their focus on was the Debt Ceiling, even though the Fed […]

Midyear Rate Update

Andy and Brian unpack where we’re at with rates half way through the year. How did we get here, where are we at currently, and where do we think the rates will head by the end of 2023?