January 2023 Mortgage Rates See Merit of the Fed Strategy
After 2022 demonstrated recent record highs, the new year kicked off with lower January 2023 mortgage rates.
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.
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 2022 Markets Highlight Tapering Inflation Ahead of the New Year
After a long year of rising inflationary pressures, November 2022 markets now highlight change of pace heading into 2023.
October 2022 Home Sales Plummet for the Ninth Straight Month
This week, October 2022 home sales fell, marking the ninth straight month of declines, as mortgage rates remained unchanged.
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.
November 2022 CPI Report Surprisingly Falls Below Its Consensus
As the inflation data from October came out, the November 2022 CPI report surprisingly fell below its consensus forecast.
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.
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.