This week, the latest data showed MBS prices rise as economic growth slowed down due to the Fed’s policy and banking troubles.
February 2023 mortgage rates faced high levels of volatility, later reaching November 2022 highs after strong Employment data came out.
After months of upward momentum, July 2022 mortgage markets finally reflected reduced inflationary pressures.
Last month, March 2022 mortgage rates soared at an unexpectedly fast pace as the market stays volatile this year.
This week, mortgage rates continued their shockingly swift while Powell tightened monetary policy further.
As investors eagerly awaited the European Central Bank meeting, the latest decision on inflation came as a blindside.
In another volatile week for mortgage markets, the conflict in Ukraine continued to intensify while the U.S. heard testimony from the Fed.
With the U.S. facing a tight labor market, record-setting inflation, and supply chain issues, December 2021 mortgage markets fluctuated.
As holiday consumer spending surges, the Federal Reserve plans adjustments for the recent colossal inflation, hitting a 30-year high.
In back-to-back months, the United States realized wondrous inflation. Not only did inflation reach a 30-year high in October, it did so again immediately after in November.