Unemployment Rate Plunges as Job Market Greatly Improves This Year
This week, the latest labor market report came out, reflecting a plunging unemployment rate and massive job gains.
Unbelievably Stunning Job Gains After Earlier Losses Around the World
Following Friday’s strong labor report, the United States realized unbelievably stunning job gains after weeks of declines.
World Places Focus on Coronavirus as Cases Rise Globally
With Super Tuesday and the key monthly Employment report on the schedule, the world places focus on the coronavirus pandemic.
More Impressive Job Gains Spearhead the Wonderful Labor Market Data
This week, the United States experienced more impressive job gains playing a major role in mortgage markets.
Trade Talks Face Hurdles as China Takes on New Concessions
The United States-China trade talks face hurdles, generating a favorable impact for mortgage-backed securities this week.
Mortgage Rates Reverse Trends with Strong Economic Data
After a large decline in 2019 to the lowest levels in several years, mortgage rates finally reversed the trend due to this week's reports.
Mixed Economic Data This Week After Little Job Gains Miss
Mortgage rates saw little change after mixed economic data this week as investors look towards major central bank meetings later in the month.
Core Consumer Price Index Shows Inflation on the Rise
This week, the Core Consumer Price Index showed inflation on the rise. Overall, this reflected negatively for mortgage rates.
Strong Job Gains Alongside Fourth of July Weekend
The United States faces strong job gains alongside the Fourth of July weekend, making for a very volatile mortgage market.
Mexican Trade Deal Agreement Now Leads to Tariffs Surprisingly Postponed
This week, the Mexican trade deal agreement caused market volatility. However, the net effect of all the news remained minor.