Unpredictable 2021 Actually Creates Mortgage Market Breakthrough
After last year's events, no one prepared for an unpredictable 2021 as experts worry about inflation, recovery, and COVID-19.
After last year's events, no one prepared for an unpredictable 2021 as experts worry about inflation, recovery, and COVID-19.
The latest data shows that inflation continues its epic climb while home sales rapidly recover across the country. However, there was little economic news this week.
After last year's partial economic shutdown, the outstanding economic rebound slows its growth while inflation explodes, leading to worry.
After another exciting month, the data showed that April 2021 inflation continued its monumental climb.
Inflation spiked this week leading to a new mortgage rate reckoning. As a result, mortgage rates ended higher.
This past week, the United States realized impressive market growth despite the decline in mortgage rates.
This week’s story focused on how the service sector growth fuels the expanding economy, though mortgage weeks declined slightly.
After the previous bounce back, this past week saw home sales stumble. Meanwhile, mortgage rates also ended the week a little lower.
Though it was a volatile week for mortgage markets, last week was also characterized by tame inflation data.
While the economy is on the path towards recovery, 2021 showed its first signs of mortgage rate growth. Meanwhile, COVID-19 aid is on the way in tandem with a continual vaccine rollout.