Enormous Job Gains Push Mortgage Rates to Reach 2020 Levels
This week, the key Employment report revealed enormous job gains for the United States labor market, leading to higher mortgage rates.
Fed Tapering Bond Purchases to Quickly Reduce Inflation in 2022
With Wednesday’s Federal Reserve meeting, the continual conversation revolving the Fed tapering bond purchases took an interesting turn.
Strong 2021 Home Sales Cap Off Incredible Real Estate Rebound
Capping off last year, the United States experienced strong 2021 home sales after they notoriously plummeted throughout a sluggish 2020.
Consumer Spending Drops as Inflation Hits New Milestone
As consumer spending drops, investors focus on two major pieces of data this week: retail sales and inflation.
Mortgage Rates Rise to Kick Off the New Year
The first week of 2022 saw mortgage rates rise to kick off the New Year, pushing them to their highest levels since April of 2021.
Record-Setting Core PCE Achieved Its Highest Level Since 1989
Closing out 2021, the United States achieved a record-setting Core PCE Price Index. In doing so, Core PCE hit its highest level since 1989.
Central Bank Meetings Quickly Offset High Volatility for Mortgage Rates
In an action-packed week, analysts saw Central Bank meetings quickly offset high volatility for mortgage-backed securities.
Wondrous Inflation Achieves the Highest Rate in 30 Years
In back-to-back months, the United States realized wondrous inflation. Not only did inflation reach a 30-year high in October, it did so again immediately after in November.
Fed Tapering Bond Purchasing to Combat Highest Inflation in Years
In light of breaking news, the investors are ready for the Fed tapering bond purchasing. This past week saw enormous daily volatility in mortgage-backed securities markets.
Core PCE Shows Inflation Quickly Soaring for the Holidays
In a short week, core PCE shows inflation quickly soaring in time for the holiday season while investors worry about price increases