Fed Tapering Bond Purchasing to Combat Highest Inflation in Years
In light of breaking news, the investors are ready for the Fed tapering bond purchasing. This past week saw enormous daily volatility in mortgage-backed securities markets.
Inflation Frenzy Continues as Supply Chain Now Faces Disruptions
As the holiday season approaches, the inflation frenzy continues. Currently, the U.S. faces a cavalcade of supply chain disruptions.
Solid Job Gains Spotlight Uncommonly Busy Week for Mortgage Markets
This past week saw solid job gains amidst a packed week for mortgage markets, highlighted by key labor market data and a Fed meeting.
Inflation Remains High As Supply Chain Prevents Better GDP
After months of slow recovery, inflation remains high. Meanwhile, the latest GDP reported showed a negative impact on supply chain growth.
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.
Latest Employment Report Reveals Job Gains Went Down
This past week, analysts and investors closely watched the latest employment report. Unfortunately, it revealed that job gains went down, falling short of expectations.
Enormous Job Growth As Unemployment Benefits Abruptly Now End
When examining July 2021’s economic reports, enormous job growth rippled across the economy as unemployment benefits abruptly ended.
Dampened Job Gains Offset By Better Unemployment Rate
Key labor market data revealed mixed results, including dampened job gains missing the mark. However, a better unemployment rate counterbalanced those job gains.
Investors Focus on Targeted MBS Buying As Fed Nears Goals
Investors focus on targeted MBS buying as Fed nears goals. However, Fed Chair Powell did not provide an updated timeline for policy changes. As a result, mortgage rates ended the week slightly higher.
Breakthrough Job Gains as Labor Market Makes Vast Improvements
The monthly employment report brought stronger than anticipated data as the U.S. achieved breakthrough job gains and strong ISM data.