GDP Reading Fell to Lowest Level Since Spring of 2020

2022-04-30T15:55:55+00:00 April 29th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , |

In a light week of economic reporting, the major news encompassed the latest GDP reading, which fell to the lowest level since spring 2020.

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.

Fed Tapering Bond Purchases to Quickly Reduce Inflation in 2022

2022-04-02T14:24:44+00:00 January 28th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , |

With Wednesday’s Federal Reserve meeting, the continual conversation revolving the Fed tapering bond purchases took an interesting turn.

Strong 2021 Home Sales Cap Off Incredible Real Estate Rebound

2022-04-02T14:24:54+00:00 January 21st, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , |

Capping off last year, the United States experienced strong 2021 home sales after they notoriously plummeted throughout a sluggish 2020.

Consumer Spending Spikes Retail Sales in March of this Year

2022-01-05T16:34:23+00:00 April 18th, 2019|Categories: MortgageTime|Tags: , , , , , , , , , |

After unexpected strength, consumer spending spiked retail sales to end the week. However, Thursday’s report caused little reaction.

GDP Triumphs Over Forecasts for Stronger Economic Growth This Quarter

2022-04-02T15:07:45+00:00 March 1st, 2019|Categories: MortgageTime|Tags: , , , , , , , , , , , , |

The latest data saw GDP triumph over forecasts, reflecting stronger economic growth this quarter and an unfavorable reaction for rates.

Focus on the Fed Influences Mortgage Rates This Week

2022-01-05T02:23:49+00:00 October 19th, 2018|Categories: MortgageTime|Tags: , , , , , , , , , , , |

As analysts place focus on the Fed minutes, mortgage rates fluctuated, ending the week higher than they were.