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.
More Impressive Job Gains Spearhead the Wonderful Labor Market Data
This week, the United States experienced more impressive job gains playing a major role in mortgage markets.
Trade Talks Face Hurdles as China Takes on New Concessions
The United States-China trade talks face hurdles, generating a favorable impact for mortgage-backed securities this week.
Eye-Opening Brexit Vote Looms as Analysts Look Towards Astonishing Future
This week, investors focused on international events as the eye-opening Brexit vote looms and United States-China trade deal makes progress.
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.
Core Consumer Price Index Shows Inflation on the Rise
This week, the Core Consumer Price Index showed inflation on the rise. Overall, this reflected negatively for mortgage rates.
Mexican Trade Deal Agreement Now Leads to Tariffs Surprisingly Postponed
This week, the Mexican trade deal agreement caused market volatility. However, the net effect of all the news remained minor.
Consumer Spending Spikes Retail Sales in March of this Year
After unexpected strength, consumer spending spiked retail sales to end the week. However, Thursday’s report caused little reaction.
CPI Shows Inflation Plummet as Mortgage Rates Actually Climb
As CPI shows inflation plummet, most investors expect moderate U.S. economic growth this year and weakness in other regions.