Weekly Market Update

Key Takeaways:

1. Market Sentiment & Bright Prospects

• Financial markets are enthusiastically awaiting clarity on trade and tariff policies, which is paving the way for greater stability and growth opportunities ahead.

• While some uncertainty remains, it's an exciting moment for the market, filled with potential as it adapts to new policies and sets the stage for continued progress.

2. Mortgage Rates Moving Upward

• Mortgage rates edged higher last week, as inflation expectations rise, signaling a growing and healthy economy.

• While higher inflation can slightly push rates up, it’s also a sign of a thriving economy. For potential buyers, this means acting now to lock in favorable terms before rates increase further.

3. Fed Policy on Hold (For Now)

• The Federal Reserve remains in a strong, proactive position, carefully managing its dual mandate:

  • Maintaining price stability (keeping inflation in check)

  • Supporting full employment

• With the labor market robust, the Fed is showing great patience and confidence in allowing the economy to flourish without rushing into changes. This approach offers a reassuring sense of stability and forward momentum.

4. Upcoming Economic Data to Watch

• CPI and PPI (inflation measures) are expected to show modest growth, which would further confirm the economy’s solid footing. While this could cause slight upward pressure on rates, it reflects a positive economic outlook.

• Retail Sales & Industrial Production: These figures will offer additional clarity, and should they exceed expectations, we could see rates stabilize or even dip, offering a great opportunity for buyers to lock in rates.

What This Means for Borrowers and Investors:

• Homebuyers / Refinance Seekers: With mortgage rates trending upward, now is an excellent time to act. Locking in a rate today could secure you favorable terms before any further increases, and position you ahead of the curve.

• Investors: With the economy showing such strength, these economic reports will help fine-tune market expectations and open up more opportunities for growth.

• Policymakers: The Fed’s strategic approach to maintaining balance provides a solid foundation for long-term economic health, which bodes well for the market and future stability.

If you, or anyone you know, is interested in obtaining mortgage financing, don’t hesitate to reach out to my team today at 541-815-6596. We're here to help guide you through the process and ensure you get the best possible terms!