February 2023 Mortgage Rates Now Reach November Highs
February 2023 mortgage rates faced high levels of volatility, later reaching November 2022 highs after strong Employment data came out.
High Inflation Not Going Anywhere According To Latest From Fed
High inflation has investors mostly taking their cue from the Fed during a very light week for economic data
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.
Unemployment Rate Fell to Lowest Level Since Early 2020
While mortgage markets stay volatile, the unemployment rate fell to the lowest level since early 2020 as inflation came in on target.
December 2021 Mortgage Markets Fluctuate to Cap off the Year
With the U.S. facing a tight labor market, record-setting inflation, and supply chain issues, December 2021 mortgage markets fluctuated.
Inflation Moderates as Investors Focus on Consumer Price Index Findings
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.