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.
Mortgage Rates Rose to Highest Levels Since Late 2018
As investors focused heavily on the high inflation, mortgage rates rose to their highest levels since late 2018.
February 2022 Mortgage Rates Face Massive New Inflation-Induced Volatility
Rising inflation levels continued to induce massive daily market volatility for February 2022 mortgage rates.
Inflation Surges to the Highest Level Since 1982
As inflation surges to the highest level since 1982, the mortgage market left investors stunned after months of remaining on-edge.
Enormous Job Gains Push Mortgage Rates to Reach 2020 Levels
This week, the key Employment report revealed enormous job gains for the United States labor market, leading to higher mortgage rates.
Consumer Spending Drops as Inflation Hits New Milestone
As consumer spending drops, investors focus on two major pieces of data this week: retail sales and 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.
Holiday Consumer Spending Surges as Feds Adjust for Colossal Inflation
As holiday consumer spending surges, the Federal Reserve plans adjustments for the recent colossal inflation, hitting a 30-year high.