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.

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.

Powell Tightened Monetary Policy, Now Catching Investors by Surprise

2022-04-02T14:21:35+00:00 March 25th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , |

This week, mortgage rates continued their shockingly swift while Powell tightened monetary policy further.