Mortgage Weekly Update - Last Week in Review - Home loan rates continue to get better
Foster Weeks does a weekly mortgage update.===================================
"...So after the Jobs Report, how does the economic news lineup look for this week? A few noteworthy items are on deck, including the highly anticipated Fed Minutes from the September 20th meeting. Why all the excitement around the Minutes being released on Wednesday? Last month, Richmond Fed President Lacker was again a dissenter on the vote to pause in the rate hike cycle - he actually felt there was still enough inflation in the economy to warrant another hike. So the Minutes will be dissected for clues, wondering why Lacker isn't on board with the rest of the team. The recent reports seem to indicate that the economy is cooling and inflation is controlled - which is the Fed's biggest concern - and the Minutes will give some inside scoop as to what the Fed members all have on their minds... read on.
- Foster Weeks
posted by SFResidence.com @ 8:01 AM
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