Mortgage Rates Rose to Highest Levels Since Late 2018
As investors focused heavily on the high inflation, mortgage rates rose to their highest levels since late 2018.
As investors focused heavily on the high inflation, mortgage rates rose to their highest levels since late 2018.
This week, investors awaited the latest Fed guidance. Fed officials plan to reduce their bond portfolio more quickly than expected.
While mortgage markets stay volatile, the unemployment rate fell to the lowest level since early 2020 as inflation came in on target.
This week, mortgage rates continued their shockingly swift while Powell tightened monetary policy further.
This week, investors kept a close eye on the conflict in Ukraine, though Federal Reserve news awaited investors.
As investors eagerly awaited the European Central Bank meeting, the latest decision on inflation came as a blindside.
In another volatile week for mortgage markets, the conflict in Ukraine continued to intensify while the U.S. heard testimony from the Fed.
Mortgage markets experienced another volatile week as the Russian invasion of Ukraine dominated headlines.
Last week, mortgage markets experienced daily volatility as the Russia-Ukraine conflict led to soaring demand for mortgage-backed securities.
As inflation surges to the highest level since 1982, the mortgage market left investors stunned after months of remaining on-edge.