Steady Job Gains in the Leisure and Hospitality Sectors

2022-06-03T17:20:46+00:00 June 3rd, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , , , |

In a relatively quiet week for mortgage markets, investors saw steady job gains in the leisure and hospitality sectors.

The Latest Core PCE Meets Expectations as Mortgage Rates Decline

2022-05-27T16:30:35+00:00 May 27th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , , |

Although the latest core PCE met expectations, investors grow increasingly concerned with slowing global economic growth.

GDP Reading Fell to Lowest Level Since Spring of 2020

2022-04-30T15:55:55+00:00 April 29th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , |

In a light week of economic reporting, the major news encompassed the latest GDP reading, which fell to the lowest level since spring 2020.

March 2022 Mortgage Rates Rise as the Market Stays Volatile

2022-04-25T23:33:59+00:00 April 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Last month, March 2022 mortgage rates soared at an unexpectedly fast pace as the market stays volatile this year.

Unemployment Rate Fell to Lowest Level Since Early 2020

2022-04-02T16:38:40+00:00 April 1st, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , |

While mortgage markets stay volatile, the unemployment rate fell to the lowest level since early 2020 as inflation came in on target.

February 2022 Mortgage Rates Face Massive New Inflation-Induced Volatility

2022-04-02T14:23:15+00:00 March 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Rising inflation levels continued to induce massive daily market volatility for February 2022 mortgage rates.

Russian Invasion of Ukraine Sparks Intense Market Volatility This Week

2022-04-02T14:23:43+00:00 February 25th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , |

Mortgage markets experienced another volatile week as the Russian invasion of Ukraine dominated headlines.

Enormous Job Gains Push Mortgage Rates to Reach 2020 Levels

2022-04-02T14:24:32+00:00 February 4th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , , , , |

This week, the key Employment report revealed enormous job gains for the United States labor market, leading to higher mortgage rates.

Mortgage Rates Rise to Kick Off the New Year

2022-04-02T14:26:04+00:00 January 7th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , |

The first week of 2022 saw mortgage rates rise to kick off the New Year, pushing them to their highest levels since April of 2021.

Holiday Consumer Spending Surges as Feds Adjust for Colossal Inflation

2022-04-02T14:27:17+00:00 December 15th, 2021|Categories: Monthly Recap|Tags: , , , , , , , , , , , |

As holiday consumer spending surges, the Federal Reserve plans adjustments for the recent colossal inflation, hitting a 30-year high.

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