It’s inflation week, and the Federal Reserve has made the upcoming PPI and CPI inflation data a big deal, as these reports will determine whether they raise rates or not at this month’s meeting. So, what is really going on with inflation data? I want to keep it simple to show what the Fed is […]
Commodity inflation is hot, but Fed is still focused on core inflation Read More »
Top tier 30yr fixed mortgage rates started the week right where they were on Friday for the average lender. At 6.89%, we’re just a hair below the highest mark since June 2025. In general, rates have been increasing steadily since the Iran war ceasefire ended with the uptick frequently correlating with higher fuel prices. Today’s
Mortgage Rates Unchanged to Start The Week Read More »
NEXA names new CEO, Kortas transitions to executive partner Mike Kortas, head of NEXA NEXA Lending announced that Geri Farr has been promoted to CEO, while founder Mike Kortas will shift to the role of executive partner. Farr joined NEXA in 2025 after a career leading organizations through growth and scale, with experience across wholesale
NEXA appoints new CEO, Mike Kortas to be executive partner Read More »