Weekly Market Update

Mortgage rates remained stable last week, as market uncertainty continues to create opportunities for those looking to make smart financial decisions. While consumer confidence and sentiment showed some caution, the labor market is staying strong and providing steady economic momentum. Additionally, GDP for Q4 2024 saw a positive revision to 2.45%, and while there are some expectations of modest negative growth in Q1 2025, there’s still plenty of room for optimism as data continues to evolve.

This week brings key economic indicators, starting with the ISM Manufacturing Index, followed by the services sector report, and wrapping up with monthly employment data. With the market feeling a bit more cautious, any positive economic surprises could encourage a shift toward bonds, potentially helping to lower mortgage rates.

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 navigate these opportunities and make the best financial decisions for your future!