Looking back at October 2022 MBS trends, inflation once again dominated headlines as the Federal Reserve and ECB continue to raise rates.
Following this week’s September 2022 Core PCE report, investors scaled back their outlook as the data matched the overall consensus.
As mortgage rates reached their highest rates in over twenty years, September existing home sales fell for the eighth straight month.
Taking a look back at August 2022 mortgage rates, mortgage-backed securities continued to soar amongst stubbornly high inflation levels.
This week saw the release of the highly anticipated August 2022 Employment data. Overall, the report displayed mixed results for the labor market.
With this week's data release, European inflation surges spiked bond yields and mortgage rates in the United States.
After months of upward momentum, July 2022 mortgage markets finally reflected reduced inflationary pressures.
As the European Central Bank faces record-high inflation levels, this week’s biggest news marked the first ECB rate increase in 11 years.
This week, Wednesday’s CPI inflation report display stronger than expected results with a 9.1% gain this year.