by Jacob Lilley | May 21, 2021 | Blog, Mortgage Rates
In the past 2 weeks, there’s been big news about inflation and seemingly big news about Fed policy. Both are threats to low interest rates, but not just yet, apparently. After taking last week’s huge inflation numbers in stride (read more…), the...
by Jacob Lilley | May 20, 2021 | Blog, Home Buying
There’s no doubt about it; Bozeman is a wonderful place to live. There’s a reason that it’s constantly listed on the “Top Places to Live” blogs. Bozeman is surrounded by beauty and mountains, there’s plenty to do, the schools have a great reputation, and it’s a town... by Jacob Lilley | May 14, 2021 | Blog, Mortgage Rates
The 70’s and 80’s brought unforgettable economic lessons about inflation. Since then, certain market participants have been watching inflation like hawks, even when they didn’t need to. After the start of the pandemic, the massive amount of fiscal... by Jacob Lilley | May 7, 2021 | Blog, Mortgage Rates
Once a month, the government releases the Employment Situation, also known as “the jobs report.” No other piece of economic data is as consistently relevant for the bond market and, thus, interest rates. For most of the past year, the normal correlation... by Jacob Lilley | Apr 30, 2021 | Blog, Mortgage Rates
This week’s 6.4% reading on Q1 GDP reinforced the notion of a strong economic recovery. In turn, the recovery helps to justify the sharp move higher in rates seen during the same 3 months. Rates managed to recover quite a bit in April, but ended up rising...