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.
GDP Triumphs Over Forecasts for Stronger Economic Growth This Quarter
The latest data saw GDP triumph over forecasts, reflecting stronger economic growth this quarter and an unfavorable reaction for rates.
Core CPI Reflects Steady Inflation After the Latest Fed Meeting
As the latest core CPI report reflects steady inflation, investors received little major news from the Fed meeting after a quiet week.
Excelling Labor Market Actually Now Offsets Sluggish Manufacturing Sector
This week, the excelling labor market actually offset weak manufacturing data and concern over the pace of global economic growth this week.