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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Market Perspective
Jan 312 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...
42 views
Jan 242 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...
4 views
Jan 172 min read
Strong Consumer Spending
Overview: While the major inflation data released over the past week revealed no significant surprises, consumer spending continued to...
9 views
Jan 101 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...
37 views
Jan 32 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....
5 views
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...
12 views
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...
118 views
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....
8 views
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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Nov 15, 20232 min read
Inflation Moderates
Overview: A series of conflicting economic events for mortgage markets caused a lot of volatility over the past week. Tough talk from the...
18 views
Nov 8, 20232 min read
Weaker Economic Data
Overview: Weaker than expected economic data was positive for mortgage markets over the past week. Major reports on the labor market,...
12 views
Nov 1, 20232 min read
No Surprises from Fed
Overview: Wednesday’s Federal Reserve meeting revealed no unexpected information and caused little reaction. Similarly, a key inflation...
12 views
Oct 25, 20232 min read
Home Sales Mixed
Overview: Market-moving events were scarce over the past week. No major economic data was released, and no developments in the Middle...
34 views
Oct 18, 20232 min read
Retail Sales Remain Strong
Overview: Over the past week, stronger than expected economic data was negative for mortgage markets. In particular, consumer spending...
8 views
Oct 11, 20232 min read
Labor Market Excels
Overview: Over the past week, the events in the Middle East far outweighed the economic news. As a result, mortgage rates ended the week...
25 views
Oct 4, 20232 min read
Mortgage Rates Climb
Overview: Over the past week, the major economic data remained relatively strong overall, and Federal Reserve officials showed no...
41 views
Sep 27, 20232 min read
New-Home Sales Rise Year-Over-Year
Overview: There was little major economic news over the past week. Mortgage rates increased a bit more, reaching the highest levels in...
23 views
Sep 20, 20232 min read
Fed Holds Steady
Overview: Over the past week, global central banks indicated that while continuing to fight inflation, they plan to hold short-term rates...
20 views
Sep 13, 20232 min read
Energy Prices Rise
Overview: Over the past week, investors were overwhelmingly focused on the key Consumer Price Index (CPI) inflation report. The results...
3 views
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