Bank of England Archives - MBSQuoteline

February 2022 Mortgage Rates Face Massive New Inflation-Induced Volatility

February 2022 Mortgage Rates Face Massive New Inflation-Induced Volatility

Rick Young 2022-04-02T14:23:15+00:00 March 15th, 2022|Categories: Monthly Recap|Tags: Average Hourly Earnings, Bank of England, Bond Purchase Program, Building Permits, Consumer Price Index, Consumer Spending, Core CPI, Core PCE, Coronavirus, COVID-19, CPI, European Central Bank, Existing Home Sales, Federal Reserve, Hospitality, Hourly Wage Earnings, Housing Starts, Inflation, Labor Market, Leisure, MBS, Median Existing-Home Price, Mortgage-Backed Securities, New Home Sales, Omicron, Retail Sales, Russia, Supply Chain, Treasury Bonds, Ukraine, Unemployment|

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

Enormous Job Gains Push Mortgage Rates to Reach 2020 Levels

Enormous Job Gains Push Mortgage Rates to Reach 2020 Levels

Rick Young 2022-04-02T14:24:32+00:00 February 4th, 2022|Categories: MortgageTime|Tags: Average Hourly Earnings, Bank of England, Bond Purchase Program, Consumer Price Index, Core CPI, Coronavirus, COVID-19, CPI, Employment, European Central Bank, Federal Reserve, Hospitality, Hourly Wage Earnings, ISM, ISM Manufacturing, ISM Services Index, Labor Market, Leisure, Manufacturing, MBS, Mortgage-Backed Securities, Omicron, Supply Chain, Unemployment|

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