Navigating the Tides: Your Essential Guide to Mortgage and Real Estate Trends for the Week of December 18, 2023
<p>Rate sheets today were slightly worse than Friday, but not by a significant margin. We’ve noticed that the market rally seems to have stalled, and while the reprice risk for the day remains low, we’re not expecting any major shake-ups due to the economic calendar or current headlines.</p>
<p>The markets are currently overlooking cautionary statements from Federal Reserve members, indicating that rate cuts may not arrive as soon as expected. Atlanta Fed President Raphael Bostic and Chicago Fed President Austan Goolsbee have both hinted at a delay in rate cuts, emphasizing the need for a sustained path to lower inflation.</p>
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