TABLE OF CONTENTS
RATE RECAP ⏪
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The +/- shown in the Rate Price Index represents how the pricing of mortgage rates changed during the time series.
Learn more and explore additional time series at the LendZen Index Substack.
WEEK AHEAD 🗓️
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The inflationary impulse revealed in last month’s manufacturing surveys decapitated hopes of a near-term mortgage rate recovery.
Those inflation fears left The Fed little choice but to raise the Fed Funds Rate by 0.25%.
This week brings service-sector surveys and the FOMC minutes, offering a look into The Fed’s mindset during its September meeting.
Can cooler survey data and a more optimistic outlook from The Fed bring the runaway rate situation under control, or will another stab from inflation deliver the fatal blow?
Thanks for reading…
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