After a long year of rising inflationary pressures, November 2022 markets now highlight change of pace heading into 2023.
Looking back at October 2022 MBS trends, inflation once again dominated headlines as the Federal Reserve and ECB continue to raise rates.
After months of upward momentum, July 2022 mortgage markets finally reflected reduced inflationary pressures.
Looking back towards June 2022 mortgage markets, the Federal Reserve remains committed to combatting inflation.
This week, Wednesday’s CPI inflation report display stronger than expected results with a 9.1% gain this year.
Taking a look back at the May 2022 mortgage market, investor expectations surrounding inflation stabilized to some degree.
In a relatively quiet week for mortgage markets, investors saw steady job gains in the leisure and hospitality sectors.
Although the latest core PCE met expectations, investors grow increasingly concerned with slowing global economic growth.
While much of this week’s economic data met investor expectations, consumer spending surged in April 2022.
Last month, investors focused on elevated inflation levels on as April 2022 mortgage rates climbed to their highest levels since 2009.