Another Fed Rate Hike Now Leads to Volatile MBS Markets
Alongside a wide range of major economic news, another Fed rate hike created a volatile week for mortgage markets.
MBS Prices Rise as Economic Growth Slows Down
This week, the latest data showed MBS prices rise as economic growth slowed down due to the Fed’s policy and banking troubles.
February 2023 Mortgage Rates Now Reach November Highs
February 2023 mortgage rates faced high levels of volatility, later reaching November 2022 highs after strong Employment data came out.
January 2023 Mortgage Rates See Merit of the Fed Strategy
After 2022 demonstrated recent record highs, the new year kicked off with lower January 2023 mortgage rates.
Wage Growth Slows Despite 223,000 Jobs Added To The Economy
After two years of exceptionally low mortgage rates, a major change took place in 2022 in relation to wage growth.
December 2022 Mortgage Markets: The End of an Inflation-Heavy Year
Heading into the December 2022 mortgage markets, investors widely expected the Federal Reserve to increase interest rates by 50 basis points.
November Federal Reserve Speech Acknowledges Lowering Inflation in the U.S.
In a packed reporting week, the November 2022 Federal Reserve speech acknowledged lower inflation levels throughout the United States.
November 2022 Markets Highlight Tapering Inflation Ahead of the New Year
After a long year of rising inflationary pressures, November 2022 markets now highlight change of pace heading into 2023.
November 2022 Fed Meeting Leads to Latest Interest Rate Increases
After the November 2022 Fed meeting, investors raised their outlook for monetary policy tightening heading into 2023.
August 2022 Unemployment Rate Falls to Lowest Level in Decades
This week, the highly anticipated labor market data came out, highlighted with the surprising drop in the August 2022 unemployment rate.