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.
As expected the Fed announced a rate hike this week in their latest step to combat inflation while Employment neared its consensus.
In a light week of reporting, March home sales fell as the real estate market grew increasingly aggressive.
Last month, March 2022 mortgage rates soared at an unexpectedly fast pace as the market stays volatile this year.
As investors focused heavily on the high inflation, mortgage rates rose to their highest levels since late 2018.
This week, investors awaited the latest Fed guidance. Fed officials plan to reduce their bond portfolio more quickly than expected.
This week, mortgage rates continued their shockingly swift while Powell tightened monetary policy further.
This week, investors kept a close eye on the conflict in Ukraine, though Federal Reserve news awaited investors.
Rising inflation levels continued to induce massive daily market volatility for February 2022 mortgage rates.
As investors eagerly awaited the European Central Bank meeting, the latest decision on inflation came as a blindside.
In another volatile week for mortgage markets, the conflict in Ukraine continued to intensify while the U.S. heard testimony from the Fed.