Bank Failure Leads to Latest Plunge in Mortgage Rates
Bank failures in the US and Europe completely overwhelmed the economic reports in driving financial markets this week.
February 2023 Mortgage Rates Now Reach November Highs
February 2023 mortgage rates faced high levels of volatility, later reaching November 2022 highs after strong Employment data came out.
Labor Market is Surprisingly Surging Along with Interest Rates
Labor market strength is at at the forefront of a week packed with major economic news, including daily volatility in mortgage markets.
January 2023 Mortgage Rates See Merit of the Fed Strategy
After 2022 demonstrated recent record highs, the new year kicked off with lower January 2023 mortgage rates.
December 2022 Mortgage Markets: The End of an Inflation-Heavy Year
Heading into the December 2022 mortgage markets, investors widely expected the Federal Reserve to increase interest rates by 50 basis points.
Bank of Japan Policy Changes Heading into the New Year
Due to Bank of Japan policy change, investors raised their outlook for monetary policy tightening by global central banks. As a result, mortgage rates ended the week higher.
December 2022 Fed Meeting Leads to New High for Interest Rates
While the December 2022 Fed meeting stole the show this week, a wide range of reporting proved favorable for mortgage rates.
ISM National Services Index Shows New Gains in November 2022
While this week showed little major news, the ISM national services index demonstrated unexpected gains in November 2022.
November Federal Reserve Speech Acknowledges Lowering Inflation in the U.S.
In a packed reporting week, the November 2022 Federal Reserve speech acknowledged lower inflation levels throughout the United States.
November 2022 Markets Highlight Tapering Inflation Ahead of the New Year
After a long year of rising inflationary pressures, November 2022 markets now highlight change of pace heading into 2023.