July 2022 Mortgage Markets Reflect Reduced Inflationary Pressures
After months of upward momentum, July 2022 mortgage markets finally reflected reduced inflationary pressures.
June 2022 Mortgage Markets: Rates Achieve Highest Levels Since 2008
Looking back towards June 2022 mortgage markets, the Federal Reserve remains committed to combatting inflation.
Wednesday’s CPI Inflation Report Now Showed 9.1% Gain This Year
This week, Wednesday’s CPI inflation report display stronger than expected results with a 9.1% gain this year.
May 2022 Mortgage Market: Rates Plummet with Limited Activity
Taking a look back at the May 2022 mortgage market, investor expectations surrounding inflation stabilized to some degree.
Steady Job Gains in the Leisure and Hospitality Sectors
In a relatively quiet week for mortgage markets, investors saw steady job gains in the leisure and hospitality sectors.
The Latest Core PCE Meets Expectations as Mortgage Rates Decline
Although the latest core PCE met expectations, investors grow increasingly concerned with slowing global economic growth.
Consumer Spending Surges in April 2022 with Impressive Retail Sales
While much of this week’s economic data met investor expectations, consumer spending surged in April 2022.
April 2022 Core CPI Showed Easing Inflation Just Arrived
With the release of the April 2022 Core CPI data, inflation began to ease. This modest inflation decline allowed mortgage rates to stabilize.
Fed Announces Rate Hike This Week To Combat Soaring Inflation
As expected the Fed announced a rate hike this week in their latest step to combat inflation while Employment neared its consensus.
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.