February 2023 Mortgage Rates Now Reach November Highs
February 2023 mortgage rates faced high levels of volatility, later reaching November 2022 highs after strong Employment data came out.
January 2023 Consumer Spending Quickly Surges at Bars and Restaurants
This week’s major economic data revolved heavily around the January 2023 consumer spending report, which came in much stronger than expected.
January 2023 Mortgage Rates See Merit of the Fed Strategy
After 2022 demonstrated recent record highs, the new year kicked off with lower January 2023 mortgage rates.
United States GDP Surprisingly Saw Growth of 2.9% in Q4
GDP (Gross Domestic Product) is the broadest measure of economic activity. U.S. happy to see the GDP rose at a rate of 2.9% in the fourth quarter.
New Housing Inventory Falls Short in the United States
The latest real estate data shows the United States in desperate need of new housing inventory as existing homes fell in December.
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.
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.
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.