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Market Perspective
Apr 17, 20242 min read
Consumer Spending Jumps
Yet another stronger than expected economic report took its toll on mortgage markets over the past week. Similar to the latest inflation...
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Apr 10, 20242 min read
Strong Data
Stronger than expected economic data was highly negative for mortgage markets over the past week. Two of the most important monthly reports,
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Apr 3, 20242 min read
Inflation Eases
Over the past week, investors raised their expectations for economic growth. Even though the latest inflation data was right on target, this
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Mar 27, 20242 min read
Home Sales Climb
Since the Federal Reserve meeting on March 20, there has been little major economic news, with the most significant data coming from...
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Mar 20, 20242 min read
Housing Inventory Outlook Improves
The biggest economic event over the past week, Wednesday’s Federal Reserve meeting, revealed no major surprises and caused little reaction.
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Mar 13, 20242 min read
Mixed Economic Data
Two of the biggest economic reports of the month were released over the past week. The labor market data was weaker than expected overall...
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Mar 6, 20242 min read
Inflation Falls
The economic news over the past week was modestly favorable for mortgage markets. Inflation continued dropping, the major economic growth...
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Feb 28, 20242 min read
Home Builder Sentiment Jumps
Market-moving events were scarce over the past week, with the most significant economic data coming from the housing sector. Its impact was
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Feb 21, 20242 min read
Fed Points to Solid Progress With Inflation, but No Rush to Cut Rates
Over the past week, consumer spending dropped by an unexpectedly large amount.
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Feb 14, 20242 min read
Inflation Overshoots Forecasts
It’s been a tough month for mortgage markets so far. Last week, the closely watched report on job growth and wage gains vastly exceeded the
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Feb 7, 20242 min read
Labor Market Outperforms Expectations
Overview: Over the past week, stronger than expected economic data was negative for mortgage markets. Most notably, the closely watched...
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Jan 31, 20242 min read
Economic Data Moves in Right Direction
Overview: Over the past week, the Federal Reserve essentially stuck to the anticipated script, and the major inflation data declined in...
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Jan 24, 20242 min read
Quiet Week for Rates
Overview: With little major economic news over the past week, mortgage markets were relatively quiet, and rates ended nearly unchanged. A...
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Jan 17, 20242 min read
Strong Consumer Spending
Overview: While the major inflation data released over the past week revealed no significant surprises, consumer spending continued to...
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Jan 10, 20241 min read
Jobs Report Exceeds Expectations
Overview: It was a quiet week for mortgage markets ahead of key inflation data. Mixed results for the major labor market report released...
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Jan 3, 20242 min read
Manufacturing Still Struggles
Overview: From their peak in late October, mortgage rates declined by well over 100 basis points during the final two months of 2023....
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Dec 20, 20232 min read
Home Sales Rise
Overview: With major economic news winding down for the year, it was a relatively quiet week for mortgage markets. Consumer spending was...
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Dec 13, 20232 min read
Investors Welcome Policy Shift
Overview: Over the past week, the Federal Reserve meeting revealed forecasts from officials for looser monetary policy, which was...
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Dec 6, 20232 min read
Job Openings Plunge
Overview: The economic data released this week suggested that inflation remains on a downward path and the labor market is loosening....
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Nov 29, 20232 min read
Home Sales Fall
Overview: Since the release of the Consumer Price Index (CPI) inflation report on November 14, there has been little major economic news...
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