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. As a result, mortgage rates ended the week lower. [...]
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.
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.