Impressive Market Growth Despite the Decline in Mortgage Rates
This past week, the United States realized impressive market growth despite the decline in mortgage rates.
How the Service Sector Growth Fuels the Expanding Economy
This week’s story focused on how the service sector growth fuels the expanding economy, though mortgage weeks declined slightly.
Home Sales Stumble
After the previous bounce back, this past week saw home sales stumble. Meanwhile, mortgage rates also ended the week a little lower.
Tame Inflation Data After Volatile Week
Though it was a volatile week for mortgage markets, last week was also characterized by tame inflation data.
Mortgage Rate Growth & Economic Recovery
While the economy is on the path towards recovery, 2021 showed its first signs of mortgage rate growth. Meanwhile, COVID-19 aid is on the way in tandem with a continual vaccine rollout.
Powerful Job Gains Raising 2021 Mortgage Rates
Facilitated by powerful job gains, mortgage rates have been on an upward path this year, potentially influencing rising inflation. Stronger-than-expected economic data caused the trend to continue this week.
2021 Mortgage Rates Trajectory
2021 mortgage rates trajectory continues their upward pace. Rates reached their highest levels in months, inspired by rising inflation.
January 2021 Inflation
January 2021 inflation remains low, capping off a relatively quiet week for mortgage-backed securities. Overall, investors are divided on the inflation outlook for later in the year.
Rising Inflation
The United States economy experienced rising inflation this past week. For mortgage-backed securities, this offset COVID-19 concerns.
Housing Momentum Continues into 2021
Housing momentum continues into 2021 as December shows off a white-hot market. Typically, the end of December exhibits very light trading volume and limited investor reaction to economic news.