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So far Rick Young has created 58 blog entries.

Luxury Home Sales Rise as the Market Overcomes Housing Challenges

2021-10-23T14:47:31+00:00 October 22nd, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , , |

This past week saw luxury home sales rise as the market overcomes age-old housing challenges. Although the market saw little economic news, mortgages rates also rose. Ultimately, investors still focus on higher inflation.

United States Resurgence Suffers in the Face of Emerging Obstacles

2021-10-11T21:24:31+00:00 October 15th, 2021|Categories: Uncategorized|Tags: , , , , , , , , , , , , , |

The latest few months highlight the trend of the United States resurgence suffering. Key data revealed mixed results throughout the economy.

Strong Consumer Spending Offsets Inflation Driving Mortgage Rates Down

2021-10-15T22:39:17+00:00 October 15th, 2021|Categories: MortgageTime|Tags: , , , , , , , |

The past week saw strong consumer spending. This data offset weak inflation figures. As a result of the reporting, mortgage rates ended slightly lower.

Latest Employment Report Reveals Job Gains Went Down

2021-10-10T15:39:49+00:00 October 8th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , , |

This past week, analysts and investors closely watched the latest employment report. Unfortunately, it revealed that job gains went down, falling short of expectations.

Mortgage Rates Unbelievably Fluctuate Right After Fed Meeting

2021-09-27T18:12:05+00:00 September 24th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , , |

This week, mortgage rates fluctuate unbelievably in the wake of Wednesday's Fed meeting. This fluctuation included their largest movement in sometime.

Enormous Job Growth As Unemployment Benefits Abruptly Now End

2021-10-11T21:25:20+00:00 September 15th, 2021|Categories: Monthly Recap|Tags: , , , , , , , , , , , , |

When examining July 2021’s economic reports, enormous job growth rippled across the economy as unemployment benefits abruptly ended.

European Central Bank Announcement Immediately Leads to Purchases Being Limited

2021-09-15T01:03:59+00:00 September 10th, 2021|Categories: MortgageTime|Tags: , , , , , , , |

As expected, the latest European Central Bank announcement came out this week. After months, they finally announced the expected policy change in its bond purchase program.

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