Federal Reserve Tightened Monetary Policy with New 75-Basis Point Increase
At its Wednesday meeting, the U.S. Federal Reserve tightened monetary policy by a massive amount, while other global banks fight inflation.
May 2022 Mortgage Market: Rates Plummet with Limited Activity
Taking a look back at the May 2022 mortgage market, investor expectations surrounding inflation stabilized to some degree.
Consumer Spending Surges in April 2022 with Impressive Retail Sales
While much of this week’s economic data met investor expectations, consumer spending surged in April 2022.
April 2022 Core CPI Showed Easing Inflation Just Arrived
With the release of the April 2022 Core CPI data, inflation began to ease. This modest inflation decline allowed mortgage rates to stabilize.
March 2022 Mortgage Rates Rise as the Market Stays Volatile
Last month, March 2022 mortgage rates soared at an unexpectedly fast pace as the market stays volatile this year.
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.
Federal Reserve Launching Measures to Vaporize Inflation
This week, investors kept a close eye on the conflict in Ukraine, though Federal Reserve news awaited investors.
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.