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.
Mortgage Rates Rise to Kick Off the New Year
The first week of 2022 saw mortgage rates rise to kick off the New Year, pushing them to their highest levels since April of 2021.
Strong Consumer Spending Offsets Inflation Driving Mortgage Rates Down
The past week saw strong consumer spending. This data offset weak inflation figures. As a result of the reporting, mortgage rates ended slightly lower.
Mortgage Rates Unbelievably Fluctuate Right After Fed Meeting
This week, mortgage rates fluctuate unbelievably in the wake of Wednesday's Fed meeting. This fluctuation included their largest movement in sometime.
Attractive Mortgage Rates React to Looming Inflation in June 2021
In June 2021, the United States saw attractive mortgage rates alongside continually looming inflation. As a matter of fact, annual inflation rose to its highest level in June since August 2008.
Service Sector Witnesses Fantastic Expansion While Rates Go Down
The service sector witnesses fantastic expansion while mortgage rates go down. Weekly economic news came out favorable for mortgage markets.
How the Service Sector Growth Fuels the Expanding Economy
This week’s story focused on how the service sector growth fuels the expanding economy, though mortgage weeks declined slightly.
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.
Retail Sales Rise After the Wonderful July Consumer Spending Rebound
This week, the United States economy saw retail sales rise, though they caused a minimal reaction for mortgage rates.
Unemployment Rate Plunges as Job Market Greatly Improves This Year
This week, the latest labor market report came out, reflecting a plunging unemployment rate and massive job gains.