The Latest Core PCE Meets Expectations as Mortgage Rates Decline

2022-05-27T16:30:35+00:00 May 27th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , , |

Although the latest core PCE met expectations, investors grow increasingly concerned with slowing global economic growth.

Fed Announces Rate Hike This Week To Combat Soaring Inflation

2022-05-09T02:07:56+00:00 May 6th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , |

As expected the Fed announced a rate hike this week in their latest step to combat inflation while Employment neared its consensus.

Unemployment Rate Fell to Lowest Level Since Early 2020

2022-04-02T16:38:40+00:00 April 1st, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , |

While mortgage markets stay volatile, the unemployment rate fell to the lowest level since early 2020 as inflation came in on target.

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.

December 2021 Mortgage Markets Fluctuate to Cap off the Year

2022-04-02T14:25:17+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.

Mortgage Rates Rise to Kick Off the New Year

2022-04-02T14:26:04+00:00 January 7th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , |

The first week of 2022 saw mortgage rates rise to kick off the New Year, pushing them to their highest levels since April of 2021.

Holiday Consumer Spending Surges as Feds Adjust for Colossal Inflation

2022-04-02T14:27:17+00:00 December 15th, 2021|Categories: Monthly Recap|Tags: , , , , , , , , , , , |

As holiday consumer spending surges, the Federal Reserve plans adjustments for the recent colossal inflation, hitting a 30-year high.

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