Impressive Employment Gains & Manufacturing Sector
In this past week’s labor market reporting, the economy realized impressive employment gains and manufacturing sector strength. As a result, both exceeded expectations. In spite of this positivity, mortgage rates ended the week with little change. Impressive Employment Gains Analysts [...]
Home Sales Stumble
After the previous bounce back, this past week saw home sales stumble. Meanwhile, mortgage rates also ended the week a little lower.
Mortgage Markets Had a Rough Week
Mortgage markets had a rough week as investors pondered the appropriate yield levels for the current economic environment.
Tame Inflation Data After Volatile Week
Though it was a volatile week for mortgage markets, last week was also characterized by tame inflation data.
Mortgage Rate Growth & Economic Recovery
While the economy is on the path towards recovery, 2021 showed its first signs of mortgage rate growth. Meanwhile, COVID-19 aid is on the way in tandem with a continual vaccine rollout.
Powerful Job Gains Raising 2021 Mortgage Rates
Facilitated by powerful job gains, mortgage rates have been on an upward path this year, potentially influencing rising inflation. Stronger-than-expected economic data caused the trend to continue this week.
2021 Mortgage Rates Trajectory
2021 mortgage rates trajectory continues their upward pace. Rates reached their highest levels in months, inspired by rising inflation.
Highest Mortgage Rates in Months
This week, the U.S. economy saw its highest mortgage rates in months. Characterized by extremely strong economic reports, impressive early 2021 retail sales kicked off the New Year.
2021 Mortgage Rates and What’s Influencing Them
Early 2021 mortgage rates have hovered around record lows, despite an abundance of economic news. After the close of 2020, uncertain times continued into 2021.
January 2021 Inflation
January 2021 inflation remains low, capping off a relatively quiet week for mortgage-backed securities. Overall, investors are divided on the inflation outlook for later in the year.
Mixed Labor Market Data
This past week saw mixed labor market data. However, it was a relatively quiet week for mortgage-backed securities overall.
Rising Inflation
The United States economy experienced rising inflation this past week. For mortgage-backed securities, this offset COVID-19 concerns.