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.

Investors Focus on Targeted MBS Buying As Fed Nears Goals

2021-08-30T21:52:12+00:00 August 27th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , |

Investors focus on targeted MBS buying as Fed nears goals. However, Fed Chair Powell did not provide an updated timeline for policy changes. As a result, mortgage rates ended the week slightly higher.

Retail Sales Dropped as Travel & Entertainment See a Boom

2021-08-21T14:17:12+00:00 August 20th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , |

While significant economic news came out this week, retail sales dropped. In spite of this, the travel and entertainment industries saw a major a boom.

Breakthrough Job Gains as Labor Market Makes Vast Improvements

2021-08-14T14:03:07+00:00 August 6th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , , , , |

The monthly employment report brought stronger than anticipated data as the U.S. achieved breakthrough job gains and strong ISM data.

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