Consumer Spending Surges Again with Tremendous Retail Sales
As consumer spending surges again, retail sales also faced a tremendous week. However, investors focused on the spreading coronavirus.
As consumer spending surges again, retail sales also faced a tremendous week. However, investors focused on the spreading coronavirus.
Despite the ongoing coronavirus pandemic, recent data reflects an emerging housing market across the United States.
Following Friday’s strong labor report, the United States realized unbelievably stunning job gains after weeks of declines.
While the stock market posted nice gains this week, mortgage markets stayed relatively quiet despite the coronavirus pandemic.
Once again, the coronavirus dominated financial markets this week. In doing so, markets posted nearly unprecedented daily movements.
COVID-19 quickly expanded around the world, but the coronavirus impact on mortgage rates still remains up in the air.
With Super Tuesday and the key monthly Employment report on the schedule, the world places focus on the coronavirus pandemic.
This week, stocks plunged amidst the latest concerns regarding the coronavirus pandemic while investors shifted their to less risky assets.
This week, the United States experienced more impressive job gains playing a major role in mortgage markets.
As the housing sector picks up, mortgage rates remained relatively quiet this week as the trade negotiations with China offered little news.