September Core PCE Matches Consensus with Revealing 5.1% Rise
Following this week’s September 2022 Core PCE report, investors scaled back their outlook as the data matched the overall consensus.
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.
Fed Guidance Indicates Rapid Plans to Reduce Their Bond Portfolio
This week, investors awaited the latest Fed guidance. Fed officials plan to reduce their bond portfolio more quickly than expected.
February 2022 Mortgage Rates Face Massive New Inflation-Induced Volatility
Rising inflation levels continued to induce massive daily market volatility for February 2022 mortgage rates.
European Central Bank Meeting Blindsides Investors with Surprising New Decision
As investors eagerly awaited the European Central Bank meeting, the latest decision on inflation came as a blindside.
Conflict in Ukraine Lowers Mortgage Rates as More Volatility Builds
In another volatile week for mortgage markets, the conflict in Ukraine continued to intensify while the U.S. heard testimony from the Fed.
Inflation Surges to the Highest Level Since 1982
As inflation surges to the highest level since 1982, the mortgage market left investors stunned after months of remaining on-edge.
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.
December 2021 Mortgage Markets Fluctuate to Cap off the Year
With the U.S. facing a tight labor market, record-setting inflation, and supply chain issues, December 2021 mortgage markets fluctuated.