Mortgage Application Volumes Archives

Consumer Prices Rise To A Colossal 8.5% In Eurozone

Consumer Prices Rise To A Colossal 8.5% In Eurozone

Rick Young 2023-03-06T14:52:52+00:00 March 3rd, 2023|Categories: MortgageTime|Tags: Consumer Price Index, European Central Bank, Inflation, ISM Manufacturing, MBA, Mortgage Application Volumes, Mortgage Rates|

Consumer prices in Europe leave investors disappointed, as they were hoping for signs that inflation is easing. As a result, mortgage rates climbed a bit to the highest levels since November.

February 2023 Mortgage Rates Now Reach November Highs

February 2023 Mortgage Rates Now Reach November Highs

Rick Young 2023-03-12T17:01:46+00:00 March 1st, 2023|Categories: Monthly Recap|Tags: Average Hourly Earnings, Consumer Price Index, Consumer Spending, Core CPI, Core PCE, Coronavirus, COVID-19, Employment, Existing Home Sales, Federal Funds Rate, Federal Reserve, Home Builder Confidence, Housing Inventory, Housing Starts, Inflation, ISM, ISM Manufacturing, ISM Services Index, Jobless Claims, JOLTS, Labor Market, MBS, Median Existing-Home Price, Mortgage Application Volumes, Mortgage-Backed Securities, NAHB Housing Index, Personal Consumption Expenditures, Unemployment|

February 2023 mortgage rates faced high levels of volatility, later reaching November 2022 highs after strong Employment data came out.

ISM National Services Index Shows New Gains in November 2022

ISM National Services Index Shows New Gains in November 2022

Rick Young 2022-12-12T17:18:32+00:00 December 9th, 2022|Categories: MortgageTime|Tags: Consumer Price Index, Core CPI, Core PPI, CPI, Federal Funds Rate, Federal Reserve, FOMC, Inflation, ISM, ISM Manufacturing, ISM Services Index, Manufacturing, MBS, Mortgage Application Volumes, Mortgage Bankers Association, Mortgage-Backed Securities, PPI, Producer Price Index|

While this week showed little major news, the ISM national services index demonstrated unexpected gains in November 2022.