Poor Economic Growth Outlook Results In Declining Mortgage Rates
Poor economic growth has not bolstered investors with global central banks aggressively tightening monetary policy to fight inflation.
March Home Sales Fall Due to Limited Inventory & Soaring Rates
In a light week of reporting, March home sales fell as the real estate market grew increasingly aggressive.
Powell Tightened Monetary Policy, Now Catching Investors by Surprise
This week, mortgage rates continued their shockingly swift while Powell tightened monetary policy further.
Russian Invasion of Ukraine Sparks Intense Market Volatility This Week
Mortgage markets experienced another volatile week as the Russian invasion of Ukraine dominated headlines.
January 2022 Mortgage Rates Achieve Highest Levels Since Early 2020
Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.
Record-Setting Core PCE Achieved Its Highest Level Since 1989
Closing out 2021, the United States achieved a record-setting Core PCE Price Index. In doing so, Core PCE hit its highest level since 1989.
Luxury Home Sales Rise as the Market Overcomes Housing Challenges
This past week saw luxury home sales rise as the market overcomes age-old housing challenges. Although the market saw little economic news, mortgages rates also rose. Ultimately, investors still focus on higher inflation.
Mortgage Rates Soar in February Amidst Stunning Growth
Recent news reflects stunning growth that made mortgage rates soar in February 2021. Across the country, there continue to be positive signs related to the economy as several states drive reopening efforts.
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.
Housing Sector Picks Up with New Home Construction on the Horizon
As the housing sector picks up, mortgage rates remained relatively quiet this week as the trade negotiations with China offered little news.