Strong Home Sales
Overview: While home sales were stronger than expected, the economic data released over the past week was roughly neutral overall, and...
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Market Perspective
Oct 20, 20212 min read
Consumer Spending Rises
Overview: Over the past week, stronger than expected retail sales data was negative for mortgage rates, and rates ended the week a little...
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Oct 13, 20212 min read
Shortfall in Job Gains
Overview: Over the past week, investors viewed the key labor market and inflation reports as roughly neutral overall, and mortgage rates...
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Sep 1, 20212 min read
Elevated Inflation
Overview: It was a volatile week for mortgage markets, as investors evaluated comments from a series of Federal Reserve officials. In the...
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Aug 11, 20212 min read
Powerful Job Growth
Overview: A couple of key economic reports were the primary influences on mortgage rates over the past week. Strong labor market data far...
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Jul 28, 20212 min read
Fed Policy Unchanged
Overview: Over the past week, the focus was on Wednesday’s Federal Reserve meeting, but it provided no unexpected news or guidance that...
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Jul 21, 20212 min read
Consumer Spending Rises
Overview: Over the past week, increased concern about the spread of COVID and its potential to slow global economic growth was positive...
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Jun 23, 20212 min read
Home Sales Fall Again
Overview: Mortgage rates rose sharply following the June 16 Federal Reserve meeting, but they have recovered from most of that increase....
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Jun 2, 20212 min read
Inflation, Manufacturing Activity Rise
Overview: While the economic data released over the past week reinforced the view that inflation is moving higher, the major reports were...
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May 26, 20211 min read
Home Sales Dip, Prices Keep Climbing
Overview: During a light week for economic reports, what stood out was weaker than expected housing data. As a result, mortgage rates...
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Apr 28, 20212 min read
New-Home Sales Soar; Fed Policy Unchanged
Overview: It was a quiet week for mortgage markets. Wednesday’s Federal Reserve meeting contained no surprises, and the housing data was...
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Mar 10, 20212 min read
Impressive Job Gains
Overview: Over the past week, stronger than expected labor market data was negative for mortgage rates, and comments from Federal Reserve...
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Nov 18, 20202 min read
Retail Sales Fall Short, Builder Confidence Soars
Overview: While extremely positive COVID vaccine trial data from a second company reinforced the view that relief from the pandemic is on...
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Nov 4, 20202 min read
Waiting for Election Results
Overview: The election was clearly the focus over the past week. Mortgage rates moved a little higher in the days prior to the election...
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Oct 28, 20201 min read
Housing Market Excels
Overview: Growing concern about rising coronavirus case counts around the world was negative for stocks over the past week, but mortgage...
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Oct 21, 20202 min read
Retail Sales Improve, Single-Family Starts Rise
Overview: Over the past week, stronger than expected economic data and increased expectations for additional government stimulus were...
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Oct 14, 20201 min read
Low Inflation Fueling Low Mortgage Rates
Overview: The past week was a quiet one for mortgage markets. The small amount of major economic data was right on target, and the...
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Oct 7, 20202 min read
Unemployment Drops; Fed Funds Rate Holds Steady
Overview: With President Trump’s positive COVID-19 test, the release of major economic data, and rapidly shifting headlines about...
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Sep 30, 20202 min read
Impressive Home Sales
Overview: A return to lockdown measures in many countries due to an increase in coronavirus cases was favorable for mortgage rates over...
11 views
Sep 23, 20201 min read
Existing-Home Sales, Builder Confidence Soar
Overview: The economic data released over the past week, while quite strong, had little impact on mortgage markets. It was a relatively...
17 views
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