May 2023 MBS Volatility and Its Impact on Markets
May 2023 MBS brought significant volatility to the mortgage markets, driven by a range of major economic news and events.
May 2023 MBS brought significant volatility to the mortgage markets, driven by a range of major economic news and events.
After a muddling 2022, refinance applications soared 10% week-over-week. This showed signs of life in the mortgage industry.
The April 2023 MBS volatility presented a mixed bag of economic indicators and data in the banking crisis aftermath.
Taking a look back at March 2023 mortgage rates, the big news of the month stemmed from the volatile banking sector.
February 2023 mortgage rates faced high levels of volatility, later reaching November 2022 highs after strong Employment data came out.
After 2022 demonstrated recent record highs, the new year kicked off with lower January 2023 mortgage rates.
Heading into the December 2022 mortgage markets, investors widely expected the Federal Reserve to increase interest rates by 50 basis points.
After a long year of rising inflationary pressures, November 2022 markets now highlight change of pace heading into 2023.
Looking back at October 2022 MBS trends, inflation once again dominated headlines as the Federal Reserve and ECB continue to raise rates.
Throughout the world, inflation continues its rampage as the September 2022 mortgage market soared to new highs.