European Inflation Surges Spike Mortgage Rates in the United States
With this week's data release, European inflation surges spiked bond yields and mortgage rates in the United States.
July 2022 Mortgage Markets Reflect Reduced Inflationary Pressures
After months of upward momentum, July 2022 mortgage markets finally reflected reduced inflationary pressures.
Federal Reserve Remains Aggressive Despite the New Inflation Data
As the Federal Reserve remains aggressive against inflation, the new July CPI data showed a sharp decline.
Unexpectedly Strong Job Gains Across the Board
With the release of last week’s Employment report, the United States reported unexpectedly strong job gains across the board.
First ECB Rate Increase in 11 Years After Record Inflation
As the European Central Bank faces record-high inflation levels, this week’s biggest news marked the first ECB rate increase in 11 years.
June 2022 Mortgage Markets: Rates Achieve Highest Levels Since 2008
Looking back towards June 2022 mortgage markets, the Federal Reserve remains committed to combatting inflation.
Wednesday’s CPI Inflation Report Now Showed 9.1% Gain This Year
This week, Wednesday’s CPI inflation report display stronger than expected results with a 9.1% gain this year.
Job Gains Look Strong with More Than 350k Jobs Added to The Economy
Job Gains were better than predicted despite a consensus forecast of just 250,000, the economy added 372,000 jobs in June.
Low Consumer Confidence Will Bring Big Changes In Spending Habits
Low consumer confidence should be no surprise with the continuously rising rate of inflation and interest rates. The monthly report on consumer confidence published by the Conference Board has been receiving more attention lately, since it may provide information on upcoming spending habits.
Poor Economic Growth Outlook Results In Declining Mortgage Rates
Poor economic growth has not bolstered investors with global central banks aggressively tightening monetary policy to fight inflation.