Mortgage Rates Decline as New Data Points to Manufacturing Contraction
After a notable rise in the initial weeks of May, mortgage rates declined amid mixed economic signals and manufacturing contraction.
Labor Market is Surprisingly Surging Along with Interest Rates
Labor market strength is at at the forefront of a week packed with major economic news, including daily volatility in mortgage markets.
January 2023 Mortgage Rates See Merit of the Fed Strategy
After 2022 demonstrated recent record highs, the new year kicked off with lower January 2023 mortgage rates.
Wage Growth Slows Despite 223,000 Jobs Added To The Economy
After two years of exceptionally low mortgage rates, a major change took place in 2022 in relation to wage growth.
November Federal Reserve Speech Acknowledges Lowering Inflation in the U.S.
In a packed reporting week, the November 2022 Federal Reserve speech acknowledged lower inflation levels throughout the United States.
November 2022 Fed Meeting Leads to Latest Interest Rate Increases
After the November 2022 Fed meeting, investors raised their outlook for monetary policy tightening heading into 2023.
August 2022 Unemployment Rate Falls to Lowest Level in Decades
This week, the highly anticipated labor market data came out, highlighted with the surprising drop in the August 2022 unemployment rate.
September 2022 Mortgage Market Soars to New Highs
Throughout the world, inflation continues its rampage as the September 2022 mortgage market soared to new highs.
Mortgage Rates Hit 2007 Highs as the Markets Stay Volatile
In another extremely volatile week, the latest news saw mortgage rates hit 2007 highs as the UK passed new tax cuts.
August 2022 Mortgage Rates Soar Amongst Stubborn Inflation Levels
Taking a look back at August 2022 mortgage rates, mortgage-backed securities continued to soar amongst stubbornly high inflation levels.