Inflation Surges to the Highest Level Since 1982

2022-04-02T14:24:18+00:00 February 11th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , |

As inflation surges to the highest level since 1982, the mortgage market left investors stunned after months of remaining on-edge.

Enormous Job Gains Push Mortgage Rates to Reach 2020 Levels

2022-04-02T14:24:32+00:00 February 4th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , , , , |

This week, the key Employment report revealed enormous job gains for the United States labor market, leading to higher mortgage rates.

Consumer Spending Drops as Inflation Hits New Milestone

2022-04-02T14:25:29+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.

United States Resurgence Suffers in the Face of Emerging Obstacles

2022-04-02T14:31:34+00:00 October 15th, 2021|Categories: Uncategorized|Tags: , , , , , , , , , , , |

The latest few months highlight the trend of the United States resurgence suffering. Key data revealed mixed results throughout the economy.

Breakthrough Job Gains as Labor Market Makes Vast Improvements

2022-04-02T14:35:36+00:00 August 6th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , , , |

The monthly employment report brought stronger than anticipated data as the U.S. achieved breakthrough job gains and strong ISM data.

Informative ECB Meeting Indicates the Best Mortgage Rate Outcome

2022-04-02T14:38:42+00:00 June 11th, 2021|Categories: MortgageTime|Tags: , , , , , , , |

This past week saw an informative ECB meeting and Fed report, indicating the best mortgage rate outcome heading into summer 2021. Despite a stronger than expected inflation report, investors focused elsewhere. Overall, the European Central Bank meeting provided a favorable result. Thus, mortgage rates ended the week a little lower. Informative ECB Meeting & Federal Reserve Report Thursday saw an informative ECB meeting. During the meeting, the European Central Bank (ECB) made no policy changes. Conclusively, the lack of change reflects the best-case outcome for mortgage rates. Simultaneously, the ECB made no mention of a specific time frame for starting to scale back its bond purchase program. For analysts, the meeting statement tone felt relatively dovish. Investors widely expect that the ECB tightens monetary policy rather than to loosen it. For now, holding steady exemplifies positive news. Meanwhile, the Federal Reserve reported that household net worth at the end of the first quarter of 2021 soared 3.8% higher than at the end of 2020. Roughly $3.2 trillion of gains originated from stocks. Aside from stocks, $1.0 trillion stemmed from increased real estate values. Core CPI Improves Aside from the informative ECB meeting, the Consumer Price Index report came out. Analysts [...]

Job Gains See a Startling Plummet Lowering Mortgage Rates

2022-04-02T14:41:38+00:00 May 7th, 2021|Categories: MortgageTime|Tags: , , , , , , , , |

This past week marked disappointment in the labor market as job gains see a startling plummet. The major economic data accompanied by Friday's labor market report fell well below analyst expectations.

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