Housing Starts Surge as Mortgage Markets Remain Stable This Week
In a week marked by a lack of significant economic developments, housing starts surged as mortgage markets experienced a period of calm.
May 2023 MBS Volatility and Its Impact on Markets
May 2023 MBS brought significant volatility to the mortgage markets, driven by a range of major economic news and events.
Mortgage Rates Reach March Levels as Investors Shift Their Focus
As the week comes to a close, mortgage rates reached March 2023 levels as investors shifted their focus away from banking.
Refinance Applications Soar 10 Percent Since Last Week
After a muddling 2022, refinance applications soared 10% week-over-week. This showed signs of life in the mortgage industry.
Mortgage-Backed Securities Experience Little Change Despite Latest Housing Sector News
This week, economic markets saw mortgage-backed securities experience little change, despite significant news from the housing sector.
Mortgage-Backed Securities Drop in Addition to Latest March Consumer Spending
This week, mortgage-backed securities dropped as consumer spending data fell short. Meanwhile, the inflation data matched expectations.
March 2023 Mortgage Rates Hit by the Volatile Banking Sector
Taking a look back at March 2023 mortgage rates, the big news of the month stemmed from the volatile banking sector.
March Mortgage-Backed Securities Increase as Investors Quickly Pivot to Bonds
Following news surrounding the banking sector's ongoing challenges, March mortgage-backed securities increased.
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.
Mortgage Rates Climbed to the Highest Levels Since November 2022
Mortgage rates climbed to the highest levels since November. The spike is directly due to the major inflation data released this week. The data on inflation was stronger than expected.