Mortgage Rates Today, Dec. 16, 2024: It's Fed Week!
Wednesday's Fed events will dominate this week. But an interest rate cut is unlikely to have much effect.
Wednesday's Fed events will dominate this week. But an interest rate cut is unlikely to have much effect.
Even after yesterday's disappointing inflation data, investors are still convinced the Fed will cut general interest rates next week.
After an inflation damp squib, all eyes turn to the Fed's interest rate announcement next week.
Today's consumer price index could have far-reaching effects on mortgage rates.
Investors so far shrug off geopolitical events as they focus on Wednesday's consumer price index.
Wednesday's consumer price index might affect mortgage rates most this week. But various global flashpoints could be as or more consequential.
The jobs report was just a little better than expected. That would normally be bad for mortgage rates. But markets seemed calm first thing.
Markets are waiting with bated breath for tomorrow's jobs report. It could set the tone for mortgage rates until Dec. 18.
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