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.
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.
Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.
As inflation surges to the highest level since 1982, the mortgage market left investors stunned after months of remaining on-edge.
This week, the key Employment report revealed enormous job gains for the United States labor market, leading to higher mortgage rates.
With the U.S. facing a tight labor market, record-setting inflation, and supply chain issues, December 2021 mortgage markets fluctuated.
As consumer spending drops, investors focus on two major pieces of data this week: retail sales and inflation.
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.
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.
As the holiday season approaches, the inflation frenzy continues. Currently, the U.S. faces a cavalcade of supply chain disruptions.