Mortgage-Backed Securities Activity Heading into New Year
There was little mortgage-backed securities activity heading into 2021. However, the end of 2020 was an eventful one for the economy.
2021 Georgia Senate Runoff Election Now Increases Bond Yields
The Democratic Party swept the 2021 Georgia Senate runoff election, an unfavorable result for mortgage rates. While Friday's labor market report was mixed, this week's other major economic data was extraordinarily strong.
Job Gains Fall Short Despite Strong Economic Rebound
This past week saw job gains fall short, in spite of a wide range of news. Investors reacted to major economic data, COVID-19 headlines, and negotiations in Congress for additional aid.
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.
Astonishing Impeachment Talks Ignored by Mortgage Markets
Surprisingly, mortgage markets left this past week’s astonishing impeachments talks ignored after news of President Trump's inquiry.
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.
Mixed Economic Data This Week After Little Job Gains Miss
Mortgage rates saw little change after mixed economic data this week as investors look towards major central bank meetings later in the month.
Excelling Labor Market Actually Now Offsets Sluggish Manufacturing Sector
This week, the excelling labor market actually offset weak manufacturing data and concern over the pace of global economic growth this week.