Weekly Market Update

Markets demonstrated resilience this past week, with mortgage rates remaining steady despite a flurry of headlines. Early concerns around comments from President Trump regarding Fed Chair Powell briefly stirred uncertainty, but his quick clarification helped restore market confidence. Investors were reassured by the reaffirmation of the Federal Reserve's independence—an essential anchor for long-term economic stability. Even amid global complexities, the market showed strength in its ability to recover and refocus.

Looking ahead, this week offers exciting opportunities, with key economic data poised to shape the outlook. Consumer Confidence data will shed light on how Americans are feeling about the economy, while the first estimate of Q1 GDP could provide a welcome boost if it points to continued growth. A modest rise in Core PCE Prices—expected at just 0.1%—would be great news for inflation watchers, giving the Fed added flexibility to support the economy. Coupled with strong employment numbers, we could be heading into a period of increased economic optimism.

If you, or anyone you know, is interested in obtaining mortgage financing, reach out to my team today at 541-815-6596. We’re here to help you take advantage of today’s opportunities with confidence.