Inflation Archives

Inflation Remains High As Supply Chain Prevents Better GDP

Inflation Remains High As Supply Chain Prevents Better GDP

Rick Young 2022-04-02T14:30:31+00:00 October 29th, 2021|Categories: MortgageTime|Tags: Core PCE, Employment, Inflation, ISM, ISM Manufacturing, ISM Services Index, New Home Sales, Unemployment|

After months of slow recovery, inflation remains high. Meanwhile, the latest GDP reported showed a negative impact on supply chain growth.

Luxury Home Sales Rise as the Market Overcomes Housing Challenges

Luxury Home Sales Rise as the Market Overcomes Housing Challenges

Rick Young 2022-04-02T14:30:57+00:00 October 22nd, 2021|Categories: MortgageTime|Tags: Core PCE, Coronavirus, COVID-19, ECB, Existing Home Sales, Housing Starts, Inflation, New Construction, Unemployment, Unemployment Insurance Claims|

This past week saw luxury home sales rise as the market overcomes age-old housing challenges. Although the market saw little economic news, mortgages rates also rose. Ultimately, investors still focus on higher inflation.

United States Resurgence Suffers in the Face of Emerging Obstacles

United States Resurgence Suffers in the Face of Emerging Obstacles

Rick Young 2022-04-02T14:31:34+00:00 October 15th, 2021|Categories: Uncategorized|Tags: Consumer Spending, Core CPI, Core PPI, CPI, European Central Bank, Great Resignation, Inflation, ISM, ISM Services Index, Job Gains, Labor Market, PPI|

The latest few months highlight the trend of the United States resurgence suffering. Key data revealed mixed results throughout the economy.

Strong Consumer Spending Offsets Inflation Driving Mortgage Rates Down

Strong Consumer Spending Offsets Inflation Driving Mortgage Rates Down

Rick Young 2022-04-02T14:31:21+00:00 October 15th, 2021|Categories: MortgageTime|Tags: Consumer Spending, Existing Home Sales, Housing Starts, Inflation, Mortgage-Backed Securities, Treasury Bonds|

The past week saw strong consumer spending. This data offset weak inflation figures. As a result of the reporting, mortgage rates ended slightly lower.

Steady Inflation Results While the Manufacturing Sector Performs Better

Steady Inflation Results While the Manufacturing Sector Performs Better

Rick Young 2022-04-02T14:32:04+00:00 October 1st, 2021|Categories: MortgageTime|Tags: Core PCE, Coronavirus, COVID-19, Employment, Inflation, ISM Manufacturing, ISM Services Index, Manufacturing|

This week saw steady inflation results while the manufacturing sector performed better. Overall, the economic data revealed no significant surprises.

Investors Focus on Targeted MBS Buying As Fed Nears Goals

Investors Focus on Targeted MBS Buying As Fed Nears Goals

Rick Young 2022-04-02T14:33:26+00:00 August 27th, 2021|Categories: MortgageTime|Tags: Employment, Existing Home Sales, Housing Inventory, Inflation, ISM Manufacturing, MBS, Trade Balance, Unemployment|

Investors focus on targeted MBS buying as Fed nears goals. However, Fed Chair Powell did not provide an updated timeline for policy changes. As a result, mortgage rates ended the week slightly higher.

Attractive Mortgage Rates React to Looming Inflation in June 2021

Attractive Mortgage Rates React to Looming Inflation in June 2021

Rick Young 2022-04-02T14:33:52+00:00 August 15th, 2021|Categories: Monthly Recap|Tags: Consumer Confidence, Employment, Housing Inventory, Inflation, Job Gains, Manufacturing, MBS, Mortgage-Backed Securities, Retail Sales|

In June 2021, the United States saw attractive mortgage rates alongside continually looming inflation. As a matter of fact, annual inflation rose to its highest level in June since August 2008.

Inflation Moderates as Investors Focus on Consumer Price Index Findings

Inflation Moderates as Investors Focus on Consumer Price Index Findings

Rick Young 2022-04-02T14:35:43+00:00 August 13th, 2021|Categories: MortgageTime|Tags: Housing Starts, Inflation, Jobless Claims, JOLTS, Labor Market, Retail Sales|

As inflation moderates, investors focus on new consumer price index (CPI) findings. During a light week, they looked towards the CPI inflation report for guidance.