Tame Inflation Data After Volatile Week for Rates
Though it was a volatile week for mortgage markets, last week was also characterized by tame inflation data.
Mortgage Rate Growth & Quick New Economic Recovery
While the economy is on the path towards recovery, 2021 showed its first signs of mortgage rate growth. Meanwhile, COVID-19 aid is on the way in tandem with a continual vaccine rollout.
Powerful Job Gains Rising 2021 Mortgage Rates
Facilitated by powerful job gains, mortgage rates have been on an upward path this year, potentially influencing rising inflation. Stronger-than-expected economic data caused the trend to continue this week.
2021 Mortgage Rates Trajectory with New Monetary Policy
2021 mortgage rates trajectory continues their upward pace. Rates reached their highest levels in months, inspired by rising inflation.
Highest Mortgage Rates in Months After Spread of Virus
This week, the U.S. economy saw its highest mortgage rates in months. Characterized by extremely strong economic reports, impressive early 2021 retail sales kicked off the New Year.
2021 Mortgage Rates and What’s Now Influencing Them
Early 2021 mortgage rates have hovered around record lows, despite an abundance of economic news. After the close of 2020, uncertain times continued into 2021.
January 2021 Inflation Stays Low While Fed Creates New Policies
January 2021 inflation remains low, capping off a relatively quiet week for mortgage-backed securities. Overall, investors are divided on the inflation outlook for later in the year.
Mixed Labor Market Data as Coronavirus Spreads Throughout the World
This past week saw mixed labor market data. However, it was a relatively quiet week for mortgage-backed securities overall.
Rising Inflation as World Learns of Spreading New Virus
The United States economy experienced rising inflation this past week. For mortgage-backed securities, this offset COVID-19 concerns.
December 2020 Home Sales Remained Strong
Wrapping up last year, December 2020 home sales remained strong. Mortgage rates ended slightly lower after an uneventful week.
Mortgage-Backed Securities Activity Heading into New Year
There was little mortgage-backed securities activity heading into 2021. However, the end of 2020 was an eventful one for the economy.
Stimulus Package Affects Mortgage Rates with New Presidential Policies
As the stimulus package affects rates, the mortgage industry saw volatility. However, rates ended with little change after other news.
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