Informative ECB Meeting Indicates the Best Mortgage Rate Outcome
This past week saw an informative ECB meeting and Fed report, indicating the best mortgage rate outcome heading into summer 2021. Despite a stronger than expected inflation report, investors focused elsewhere. Overall, the European Central Bank meeting provided a favorable [...]
Good Hospitality Job Gains Fuel Hope in Promising Mortgage Market
Friday’s labor report illustrated good hospitality job gains after a rough 2020. Overall, this continues to fuel hope in what’s quickly becoming a promising mortgage market.
April 2021 Inflation Made Monumental Climb as Home Sales Tailspin
After another exciting month, the data showed that April 2021 inflation continued its monumental climb.
Housing Inventory Continues to Really Compromise Home Sales Results
This past week was quiet seeing few economic developments, though housing inventory continues to really compromise home sales results.
Analysts See Strong Inflation Data While the Economy Reopens
As the U.S. returns to "normalcy", analysts see strong inflation data while the economy reopens. Job openings hit record highs. The housing market continues to grow. More Americans are getting their COVID-19 vaccinations. And inflation shows renewed intrigue. But most [...]
Inflation Spiked This Week Leading to New Mortgage Rate Reckoning
Inflation spiked this week leading to a new mortgage rate reckoning. As a result, mortgage rates ended higher.
Job Gains See a Startling Plummet Lowering Mortgage Rates
This past week marked disappointment in the labor market as job gains see a startling plummet. The major economic data accompanied by Friday's labor market report fell well below analyst expectations.
Rising Inflation Concerns Increase as Analysts See Promising Results
While it was a relatively quiet week for mortgage markets, rising inflation concerns increase as analysts see promising results.
New Home Sales Skyrocket Though Mortgage Markets Barely Change
Looking at the recent data, new home sales skyrocket though mortgage markets barely changed. Mixed economic data caused little reaction.
Impressive Market Growth Despite the Decline in Mortgage Rates
This past week, the United States realized impressive market growth despite the decline in mortgage rates.
Mortgage Rates Soar in February Amidst Stunning Growth
Recent news reflects stunning growth that made mortgage rates soar in February 2021. Across the country, there continue to be positive signs related to the economy as several states drive reopening efforts.
How the Service Sector Growth Fuels the Expanding Economy
This week’s story focused on how the service sector growth fuels the expanding economy, though mortgage weeks declined slightly.