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Mission Title || 2023 || February || 07
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Mission Chronicle Newsletter Feb 6, 2023

Feb 07, 2023

Mission Chronicle Newsletter Feb 6, 2023

By Robert Bowie

The Federal Reserve meeting ended as market participants expected, with a quarter-point increase anda slightly more dovish-sounding policy statement. Mortgage rates were already positioned for theincrease, so the rate bump did not impact mortgage rates. However, with Consumer Confidence andthe ISM Manufacturing Index posting below-expectations reading and a more dovish-sounding policystatement from the Fed, mortgage […]

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