High Inflation Not Going Anywhere According To Latest From Fed
High inflation has investors mostly taking their cue from the Fed during a very light week for economic data
CPI Report Indicates Now Is Time To Buy As Used Car Prices Drop
CPI report has investor’s focus during a light week in economic news. The held no surprises with lower mortgage rates ending the week.
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.
ISM National Services Index Shows New Gains in November 2022
While this week showed little major news, the ISM national services index demonstrated unexpected gains in November 2022.
August 2022 CPI Shows Tremendous 8.2% Annual Inflation Jump
In the release of the most anticipated weekly economic data, August 2022 CPI showed an 8.2% annual inflation jump.
August 2022 Unemployment Rate Falls to Lowest Level in Decades
This week, the highly anticipated labor market data came out, highlighted with the surprising drop in the August 2022 unemployment rate.
July 2022 Mortgage Markets Reflect Reduced Inflationary Pressures
After months of upward momentum, July 2022 mortgage markets finally reflected reduced inflationary pressures.
Federal Reserve Remains Aggressive Despite the New Inflation Data
As the Federal Reserve remains aggressive against inflation, the new July CPI data showed a sharp decline.
Unexpectedly Strong Job Gains Across the Board
With the release of last week’s Employment report, the United States reported unexpectedly strong job gains across the board.
High Inflation Leads To Reduced Mortgage Applications
In recent months, high inflation (and higher mortgage rates) took a large toll on mortgage application volumes.