February 2023 Mortgage Rates Now Reach November Highs
February 2023 mortgage rates faced high levels of volatility, later reaching November 2022 highs after strong Employment data came out.
January 2023 Consumer Spending Quickly Surges at Bars and Restaurants
This week’s major economic data revolved heavily around the January 2023 consumer spending report, which came in much stronger than expected.
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 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.