May 2022 Mortgage Market: Rates Plummet with Limited Activity

2022-06-28T15:59:09+00:00 June 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , , , , , , |

Taking a look back at the May 2022 mortgage market, investor expectations surrounding inflation stabilized to some degree.

Steady Job Gains in the Leisure and Hospitality Sectors

2022-06-03T17:20:46+00:00 June 3rd, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , , , |

In a relatively quiet week for mortgage markets, investors saw steady job gains in the leisure and hospitality sectors.

The Latest Core PCE Meets Expectations as Mortgage Rates Decline

2022-05-27T16:30:35+00:00 May 27th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , , |

Although the latest core PCE met expectations, investors grow increasingly concerned with slowing global economic growth.

Consumer Spending Surges in April 2022 with Impressive Retail Sales

2022-05-22T21:49:41+00:00 May 20th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , |

While much of this week’s economic data met investor expectations, consumer spending surged in April 2022.

April 2022 Mortgage Rates Now Climbed to 2009 Levels

2022-05-25T21:58:48+00:00 May 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , |

Last month, investors focused on elevated inflation levels on as April 2022 mortgage rates climbed to their highest levels since 2009.

April 2022 Core CPI Showed Easing Inflation Just Arrived

2022-05-13T18:18:03+00:00 May 13th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , |

With the release of the April 2022 Core CPI data, inflation began to ease. This modest inflation decline allowed mortgage rates to stabilize.

March 2022 Mortgage Rates Rise as the Market Stays Volatile

2022-04-25T23:33:59+00:00 April 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Last month, March 2022 mortgage rates soared at an unexpectedly fast pace as the market stays volatile this year.

Mortgage Rates Rose to Highest Levels Since Late 2018

2022-04-14T16:44:56+00:00 April 14th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , |

As investors focused heavily on the high inflation, mortgage rates rose to their highest levels since late 2018.

February 2022 Mortgage Rates Face Massive New Inflation-Induced Volatility

2022-04-02T14:23:15+00:00 March 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

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

January 2022 Mortgage Rates Achieve Highest Levels Since Early 2020

2022-04-02T14:24:09+00:00 February 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , , , , , |

Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.

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