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.
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.
Bank of Japan Policy Changes Heading into the New Year
Due to Bank of Japan policy change, investors raised their outlook for monetary policy tightening by global central banks. As a result, mortgage rates ended the week higher.
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 Federal Reserve Speech Acknowledges Lowering Inflation in the U.S.
In a packed reporting week, the November 2022 Federal Reserve speech acknowledged lower inflation levels throughout the United States.
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.
September Existing Home Sales Fall as Mortgage Rates Soar
As mortgage rates reached their highest rates in over twenty years, September existing home sales fell for the eighth straight month.
Mortgage Rates Hit 2007 Highs as the Markets Stay Volatile
In another extremely volatile week, the latest news saw mortgage rates hit 2007 highs as the UK passed new tax cuts.
Mortgage Rates Achieve Highest Levels in Over 10 Years
As central banks around the world maintain an aggressive policy stance, mortgage rates achieved their highest levels in over 10 years.
August 2022 Mortgage Rates Soar Amongst Stubborn Inflation Levels
Taking a look back at August 2022 mortgage rates, mortgage-backed securities continued to soar amongst stubbornly high inflation levels.