Impact of High Inflation on Mortgage Rates and Housing Market
Amid growing concerns about the impact of high inflation, investors shifted their focus to the banking sector troubles and debt ceiling.
Mortgage Rates Reach March Levels as Investors Shift Their Focus
As the week comes to a close, mortgage rates reached March 2023 levels as investors shifted their focus away from banking.
Mortgage-Backed Securities Experience Little Change Despite Latest Housing Sector News
This week, economic markets saw mortgage-backed securities experience little change, despite significant news from the housing sector.
MBS Prices Rise as Economic Growth Slows Down
This week, the latest data showed MBS prices rise as economic growth slowed down due to the Fed’s policy and banking troubles.
Latest Mortgage Markets Calm as Fears of Banking Sectors Ease
Latest mortgage market seemed to finally calm after several weeks of extreme volatility due to concerns about the banking sector.
March Mortgage-Backed Securities Increase as Investors Quickly Pivot to Bonds
Following news surrounding the banking sector's ongoing challenges, March mortgage-backed securities increased.
Bank Failure Leads to Latest Plunge in Mortgage Rates
Bank failures in the US and Europe completely overwhelmed the economic reports in driving financial markets this week.
New Labor Market Data Pushes Fed Towards Aggressive Inflation Stance
New labor market data invoked mixed feelings regarding record low unemployment and steadily high inflation.
Consumer Prices Rise To A Colossal 8.5% In Eurozone
Consumer prices in Europe leave investors disappointed, as they were hoping for signs that inflation is easing. As a result, mortgage rates climbed a bit to the highest levels since November.
Mortgage Rates Climbed to the Highest Levels Since November 2022
Mortgage rates climbed to the highest levels since November. The spike is directly due to the major inflation data released this week. The data on inflation was stronger than expected.