Shockingly Strong Job Gains
Overview: Over the past week, the positive momentum for mortgage rates following the January 30 Federal Reserve meeting continued a...
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Market Perspective
Jan 30, 20192 min read
Fed Favorable for Mortgages, but Pending Sales Down YoY
Overview: Wednesday’s U.S. Federal Reserve meeting was favorable for mortgage rates. The European Central Bank meeting on January 24 and...
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Jan 23, 20192 min read
Home Sales Weak, Shutdown Continues to Delay Economic Data
Overview: Partly due to additional economic reports being delayed by the government shutdown, there was little market-moving economic...
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Jan 16, 20192 min read
Builder Confidence Up, Inflation on Target
Overview: There was a wide range of economic news over the past week, and some economic reports were delayed by the government shutdown,...
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Jan 9, 20192 min read
Offsetting Economic Data
Overview: Over the past week, strong labor market data was offset by weaker-than-expected reports from the manufacturing and service...
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Jan 2, 20192 min read
Government Shutdown Impacts Housing Market
Overview: Reduced expectations for global economic growth were good for mortgage rates over the past week. There was little significant...
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Dec 19, 20182 min read
Fed Hikes Rates, Consumer Spending and Home Sales Rise
Overview: Once again, the stock market was very volatile over the past week, while it was a much quieter period for mortgage rates. There...
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Dec 12, 20182 min read
U.S. Economy Still Going Strong
Overview: Once again, the stock market was volatile over the past week, while it was a relatively quiet period for mortgage rates. The...
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Dec 5, 20182 min read
Inflation Falls
Overview: While the stock market was volatile this past week, it was relatively quiet for mortgage rates. The economic data and the G20...
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Nov 28, 20182 min read
Favorable Comments from Fed
Overview: Overall, the past week was a quiet holiday period for mortgage markets. The one major economic event was Wednesday’s speech by...
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Nov 21, 20182 min read
Mixed Housing Data
Overview: While stocks posted large declines over the past week, it was a quiet period for mortgage markets, and rates ended with little...
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Nov 14, 20182 min read
Rates Steady for Now, Inflation on Target
Overview: Over the past week, there were no significant surprises from the economic data or the Federal Reserve meeting, and the reaction...
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Nov 7, 20182 min read
Job and wage growth, elections affecting rates
Overview: Over the past week, stronger than expected labor market data was negative for mortgage rates, while the election results were...
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Oct 31, 20182 min read
Mortgage rates, inflation hold steady
Overview: A decline in the stock market was positive for mortgage rates over the past week, while recent economic data caused little...
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Oct 24, 20182 min read
Home Sales, Supply Decline
Overview: A decline in the stock market was positive for mortgage rates over the past week, while recent economic data caused little...
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Oct 17, 20182 min read
Inflation steady; retail sales weak
Overview: While the major economic data released over the past week was weaker than expected, which should have been positive for...
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Oct 10, 20182 min read
Rates Hit Highest Level In Eight Years
Overview: Over the past week, the major economic data came in very close to the expected levels, which should have been neutral for...
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Oct 3, 20182 min read
Service Sector Strengthens; Inflation on Target
Overview: Over the past week, stronger than expected economic growth data was offset by a weaker than expected inflation report, and...
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Sep 26, 20182 min read
Another Fed Rate Hike
Overview: Over the past week, the only significant market-moving news was the Federal Reserve meeting, and even this event had only a...
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Sep 19, 20182 min read
Economy Steady, Rates Rise Anyway
Overview: Over the past week, the major U.S. economic data and European Central Bank meeting should have been slightly positive for...
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