Coronavirus Pandemic Now Inspires Plummeting Inflation Alongside Reduced Activity
While the stock market posted nice gains this week, mortgage markets stayed relatively quiet despite the coronavirus pandemic.
Stocks Plunge Amidst Latest Coronavirus Concerns in 2020
This week, stocks plunged amidst the latest concerns regarding the coronavirus pandemic while investors shifted their to less risky assets.
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.
Trade Tensions Ease This Week for a Quieter Focus on Mortgage Rates
August ended quieted as trade tensions eased this week. In the last week of the month, mortgage rates remained relatively stable.
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.
Real Estate Market Faces Mixed New Home Sales Data
This week, the real estate market faced mixed new home sales data while the trade tensions left a positive effect for mortgage rates.
Employment Report on Friday Now Shows Healthy Economy
This week, the Employment Report on Friday showed a healthy economy. Beyond that, investors also watched Wednesday’s Federal Reserve meeting.