December 2021 Mortgage Markets Fluctuate to Cap off the Year

2022-01-15T19:52:42+00:00 January 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , |

With the U.S. facing a tight labor market, record-setting inflation, and supply chain issues, December 2021 mortgage markets fluctuated.

Consumer Spending Drops as Inflation Hits New Milestone

2022-01-14T22:43:22+00:00 January 14th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , |

As consumer spending drops, investors focus on two major pieces of data this week: retail sales and inflation.

Record-Setting Core PCE Achieved Its Highest Level Since 1989

2021-12-30T17:09:43+00:00 December 30th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , , , |

Closing out 2021, the United States achieved a record-setting Core PCE Price Index. In doing so, Core PCE hit its highest level since 1989.

Inflation Frenzy Continues as Supply Chain Now Faces Disruptions

2021-11-25T14:25:10+00:00 November 15th, 2021|Categories: Monthly Recap|Tags: , , , , , , , , , |

As the holiday season approaches, the inflation frenzy continues. Currently, the U.S. faces a cavalcade of supply chain disruptions.

Luxury Home Sales Rise as the Market Overcomes Housing Challenges

2021-10-29T17:38:35+00:00 October 22nd, 2021|Categories: MortgageTime|Tags: , , , , , , , , , |

This past week saw luxury home sales rise as the market overcomes age-old housing challenges. Although the market saw little economic news, mortgages rates also rose. Ultimately, investors still focus on higher inflation.

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