Inflation Climbs
The two major reports released this week on inflation and durable goods were roughly in line with expectations, and mortgage rates ended nearly unchanged.The reduced economic activity resulting from the…
The two major reports released this week on inflation and durable goods were roughly in line with expectations, and mortgage rates ended nearly unchanged.The reduced economic activity resulting from the…
With little major economic news, it was a quiet week for mortgage markets, and rates ended nearly unchanged. A lack of inventory remained a major obstacle for the housing sector,…
Despite some major economic news, it was a relatively quiet week for mortgage markets. There were no significant surprises from the inflation data, the GDP report, or the Fed meeting,…
The growth and inflation data released this week was stronger than expected nearly across the board. Despite this, however, mortgage rates ended the week a little lower. The most significant…
The important labor market and manufacturing data released this week were much stronger than expected. Despite this, however, mortgage rates ended the week with little change. Friday’s highly anticipated monthly Employment report revealed…
It was another rough week for mortgage markets, as investors attempt to determine the appropriate level of yields for the current economic environment. It looked promising Wednesday afternoon when the…
Mortgage rates have been on an upward path this year, and stronger than expected economic data caused the trend to continue this week. In addition, Fed officials gave no indication…
Mortgage rates have been on an upward path this year, and the trend continued this week. With the rollout of the Covid vaccine and additional government stimulus on the way,…
It was a relatively uneventful week for mortgage markets, and rates ended a little lower, a bit above the record low levels seen late in 2020. The spectacular rebound in…
Investors reacted this week to major economic data, Covid headlines, and negotiations in Congress for an additional aid package. Despite the wide range of news, however, it was a relatively…