Enormous Job Growth As Unemployment Benefits Abruptly Now End

2021-09-16T16:24:17+00:00 September 15th, 2021|Categories: Monthly Recap|Tags: , , , , , , , , , , , , |

When examining July 2021’s economic reports, enormous job growth rippled across the economy as unemployment benefits abruptly ended.

Investors Focus on Targeted MBS Buying As Fed Nears Goals

2021-08-30T21:52:12+00:00 August 27th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , |

Investors focus on targeted MBS buying as Fed nears goals. However, Fed Chair Powell did not provide an updated timeline for policy changes. As a result, mortgage rates ended the week slightly higher.

Retail Sales Dropped as Travel & Entertainment See a Boom

2021-08-21T14:17:12+00:00 August 20th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , |

While significant economic news came out this week, retail sales dropped. In spite of this, the travel and entertainment industries saw a major a boom.

Attractive Mortgage Rates React to Looming Inflation in June 2021

2021-08-14T14:34:26+00:00 August 15th, 2021|Categories: Monthly Recap|Tags: , , , , , , , , , , , , |

In June 2021, the United States saw attractive mortgage rates alongside continually looming inflation. As a matter of fact, annual inflation rose to its highest level in June since August 2008.

Breakthrough Job Gains as Labor Market Makes Vast Improvements

2021-08-14T14:03:07+00:00 August 6th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , , , , |

The monthly employment report brought stronger than anticipated data as the U.S. achieved breakthrough job gains and strong ISM data.

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