Consumer Spending Surges in April 2022 with Impressive Retail Sales
While much of this week’s economic data met investor expectations, consumer spending surged in April 2022.
GDP Reading Fell to Lowest Level Since Spring of 2020
In a light week of economic reporting, the major news encompassed the latest GDP reading, which fell to the lowest level since spring 2020.
Unemployment Rate Fell to Lowest Level Since Early 2020
While mortgage markets stay volatile, the unemployment rate fell to the lowest level since early 2020 as inflation came in on target.
Powell Tightened Monetary Policy, Now Catching Investors by Surprise
This week, mortgage rates continued their shockingly swift while Powell tightened monetary policy further.
February 2022 Mortgage Rates Face Massive New Inflation-Induced Volatility
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
Mortgage markets experienced another volatile week as the Russian invasion of Ukraine dominated headlines.
Russia-Ukraine Conflict Leads to Soaring Demand for Mortgage-Backed Securities
Last week, mortgage markets experienced daily volatility as the Russia-Ukraine conflict led to soaring demand for mortgage-backed securities.
January 2022 Mortgage Rates Achieve Highest Levels Since Early 2020
Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.
Fed Tapering Bond Purchases to Quickly Reduce Inflation in 2022
With Wednesday’s Federal Reserve meeting, the continual conversation revolving the Fed tapering bond purchases took an interesting turn.
Strong 2021 Home Sales Cap Off Incredible Real Estate Rebound
Capping off last year, the United States experienced strong 2021 home sales after they notoriously plummeted throughout a sluggish 2020.