Flagstaff Mortgage Rates Unchanged This Week.

The Fed looks for core consumer inflation to be in the 1-2% range.  Friday it came in at 1.8% down from the previous 1.9% and within the Fed's comfort zone.  This could give the Fed a green light to cut rates further.

Consumers showed they are resilient with a 0.6% increase in credit spending, the highest monthy growth rate in three years. 

Foreign appetite for our bonds remains strong and is good for fixed rate mortgages.

This should be quiet this week until the big number on Friday the Jobs Report.