Trade Tensions Ease This Week for a Quieter Focus on Mortgage Rates
August ended quieted as trade tensions eased this week. In the last week of the month, mortgage rates remained relatively stable.
State of the Markets Displays Uncertainty with Trade Tensions
In a remarkable time for the financial world, the latest state of the markets shows trade uncertainty among the U.S. and China.
Core Consumer Price Index Shows Inflation on the Rise
This week, the Core Consumer Price Index showed inflation on the rise. Overall, this reflected negatively for mortgage rates.
Strong Job Gains Alongside Fourth of July Weekend
The United States faces strong job gains alongside the Fourth of July weekend, making for a very volatile mortgage market.
Mexican Trade Deal Agreement Now Leads to Tariffs Surprisingly Postponed
This week, the Mexican trade deal agreement caused market volatility. However, the net effect of all the news remained minor.
Job Gains Tailspin Unexpectedly with the Employment Report Miss
As the U.S. realized weak labor market data, it saw job gains tailspin unexpectedly, leaving a favorable impact on mortgage rates.
Real Estate Market Faces Mixed New Home Sales Data
This week, the real estate market faced mixed new home sales data while the trade tensions left a positive effect for mortgage rates.
Employment Report on Friday Now Shows Healthy Economy
This week, the Employment Report on Friday showed a healthy economy. Beyond that, investors also watched Wednesday’s Federal Reserve meeting.
Consumer Spending Spikes Retail Sales in March of this Year
After unexpected strength, consumer spending spiked retail sales to end the week. However, Thursday’s report caused little reaction.
CPI Shows Inflation Plummet as Mortgage Rates Actually Climb
As CPI shows inflation plummet, most investors expect moderate U.S. economic growth this year and weakness in other regions.