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Market Perspective
Aug 16, 20172 min read
Mixed data causes little change in mortgage rates
Overview: Wednesday’s dovish Fed minutes caused a minor improvement in mortgage rates, while the major economic data released over the...
23 views
Aug 9, 20172 min read
Tensions With North Korea Move Rates Lower
Overview: Rising tensions with North Korea benefited mortgage rates over the past week. Mixed economic data was roughly offsetting. As a...
12 views
Aug 2, 20172 min read
Inflation below target. Will Fed still hike rates?
Overview: Following last Wednesday’s Fed meeting and ahead of Friday’s big labor market data, there has been very little market-moving...
19 views
Jul 26, 20172 min read
Fed, ECB Highlight the Week
Overview: Two major central bank meetings caused some volatility in mortgage rates over the past week. Neither ended up having much net...
48 views
Jul 19, 20172 min read
Weak economic data sets positive tone for mortgage rates
Overview: Weak data on retail sales and inflation set a positive tone for mortgage rates over the past week. Strong housing data had...
14 views
Jul 12, 20172 min read
Yellen’s Dovish Comments Move Rates Lower
Overview: Unexpectedly dovish comments from Fed officials were good for mortgage rates this week. There was little reaction to recent...
11 views
Jul 5, 20172 min read
Rates Again Move Higher
Overview: The upward momentum in global bond yields, which followed hawkish comments from the European Central Bank (ECB), continued over...
58 views
Jun 28, 20172 min read
European Central Banks Turn Hawkish
Overview: Hawkish comments from central bankers in Europe were negative for U.S. mortgage rates this week. A light batch of economic data...
10 views
Jun 21, 20172 min read
Hawkish Fed and Low Housing Inventory
Overview: Hawkish comments from an influential Fed official were negative for mortgage rates over the past week. Recent economic data had...
44 views
Jun 14, 20172 min read
Disappointing Data and Fed Rate Hike
Downside misses in major reports on inflation and retail sales were favorable for mortgage rates this week. The Fed meeting was viewed as...
126 views
Jun 7, 20172 min read
Mixed Labor Market Data
Over the past week, the labor market data was the primary influence on mortgage rates. Weaker than expected job gains were favorable for...
13 views
May 31, 20172 min read
Inflation Declines
With a holiday-shortened week and little major news, mortgage markets were quiet over the past week. Tuesday’s inflation data and...
23 views
May 24, 20172 min read
Fed’s Balance Sheet Plan
Last week, the political uncertainty that resulted from new allegations against the Trump administration was bad for stocks and good for...
73 views
May 17, 20172 min read
Mortgage Rates Improve
Over the past week, mortgage rates fell to near the best levels of the year. Weaker than expected economic data was one primary reason....
13 views
May 10, 20172 min read
French Election Relieves Uncertainty
The French election results relieved some economic and political uncertainty, and the investor reaction was slightly negative for...
27 views
May 3, 20172 min read
No Surprises from Fed
There were no significant surprises in Wednesday’s Fed statement. The economic data released over the past week was roughly neutral. As a...
100 views
Apr 19, 20172 min read
French Election Looms
Geopolitical events continued to concern investors over the past week. In particular, they are focused on elections in Europe and tensions i
24 views
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