Wage Growth Slows Despite 223,000 Jobs Added To The Economy
After two years of exceptionally low mortgage rates, a major change took place in 2022 in relation to wage growth.
December 2022 Mortgage Markets: The End of an Inflation-Heavy Year
Heading into the December 2022 mortgage markets, investors widely expected the Federal Reserve to increase interest rates by 50 basis points.
Bank of Japan Policy Changes Heading into the New Year
Due to Bank of Japan policy change, investors raised their outlook for monetary policy tightening by global central banks. As a result, mortgage rates ended the week higher.
December 2022 Fed Meeting Leads to New High for Interest Rates
While the December 2022 Fed meeting stole the show this week, a wide range of reporting proved favorable for mortgage rates.
ISM National Services Index Shows New Gains in November 2022
While this week showed little major news, the ISM national services index demonstrated unexpected gains in November 2022.
November Federal Reserve Speech Acknowledges Lowering Inflation in the U.S.
In a packed reporting week, the November 2022 Federal Reserve speech acknowledged lower inflation levels throughout the United States.
November 2022 Markets Highlight Tapering Inflation Ahead of the New Year
After a long year of rising inflationary pressures, November 2022 markets now highlight change of pace heading into 2023.
October 2022 Home Sales Plummet for the Ninth Straight Month
This week, October 2022 home sales fell, marking the ninth straight month of declines, as mortgage rates remained unchanged.
October 2022 MBS Now Highlights Tightening Policy Around the World
Looking back at October 2022 MBS trends, inflation once again dominated headlines as the Federal Reserve and ECB continue to raise rates.
November 2022 CPI Report Surprisingly Falls Below Its Consensus
As the inflation data from October came out, the November 2022 CPI report surprisingly fell below its consensus forecast.
November 2022 Fed Meeting Leads to Latest Interest Rate Increases
After the November 2022 Fed meeting, investors raised their outlook for monetary policy tightening heading into 2023.
September Core PCE Matches Consensus with Revealing 5.1% Rise
Following this week’s September 2022 Core PCE report, investors scaled back their outlook as the data matched the overall consensus.
With the MBSQuoteline blog, we supply the latest mortgage-backed securities news, pricing, and analysis, Derived from our highly acclaimed MortgageTime™ newsletter, our weekly content shares market coverage and trends impacted mortgage rates. Additionally, MBSQuoteline summarizes each month with our monthly recaps, breaking down the economic reporting from an all-encompassing standpoint.
As a mortgage professional, your business is greatly impacted by changes in mortgage rates. The MBSQuoteline blog keeps you on the cutting-edge of those changes. From a client relationship perspective, the implications are many. An unexpected increase in rates may cause clients to change their mind about a loan you are discussing, cause them to not qualify, result in dissatisfaction with you as their loan officer, or result in other problems. Or you may offer a rate and point quote to clients which they accept, only to find out prices have moved swiftly and suddenly, and those terms are no longer available from your lender. The MBSQuoteline blog helps to facilitate this.
On the other hand, an improvement in rates, if you know about it and communicate it to your client, can create a loyal client for life when they benefit from it by receiving a better price or a lower rate. In your clients’ eyes, you are the expert guiding them through the financing process, and you greatly increase your credibility with them if you are informed and help them make better decisions. This is not to be confused with “playing the market and simply hoping rates improve”.
With the MBSQuoteline blog, you can chart MBS prices, learn about global news, and enhance your understanding of the mortgage industry on a weekly basis. You get many valuable mortgage originator marketing tools, including a personalized weekly newsletter to send to clients and referral sources, and to post on social media sites. Be the expert your clients expect with the most accurate information on the mortgage backed security market, and know what’s moving interest rates today, tomorrow and beyond.
To receive by-the-minute updates on mortgage-backed securities, try our platform free for 14 days. Stay connected with MBSQuoteline on social media by following us on Facebook, Twitter, and LinkedIn.
All material Copyright © Ress No. 1, LTD (DBA MBSQuoteline) and may not be reproduced without permission. To learn more about the MortgageTime™ newsletter, please contact MBSQuoteline at 800.627.1077 or firstname.lastname@example.org.