Mortgage Rates Archives - MBSQuoteline

Job Gains Look Strong with More Than 350k Jobs Added to The Economy

Job Gains Look Strong with More Than 350k Jobs Added to The Economy

Maria Rizzo 2022-07-12T14:23:23+00:00 July 8th, 2022|Categories: MortgageTime|Tags: Consumer Spending, Inflation, Job Gains, Labor Market, MBS, Mortgage Rates, Mortgage-Backed Securities, Retail Sales|

Job Gains were better than predicted despite a consensus forecast of just 250,000, the economy added 372,000 jobs in June.

May 2022 Mortgage Market: Rates Plummet with Limited Activity

May 2022 Mortgage Market: Rates Plummet with Limited Activity

Rick Young 2022-06-28T15:59:09+00:00 June 15th, 2022|Categories: Monthly Recap|Tags: Balance Sheet Reduction, Consumer Spending, Core CPI, Coronavirus, COVID-19, Existing Home Sales, Federal Reserve, Hospitality, Housing Inventory, Housing Starts, Inflation, ISM, ISM Manufacturing, ISM Services Index, Leisure, MBS, mortgage, Mortgage Rates, Mortgage-Backed Securities, Rate Hikes, Retail Sales, Russia, Ukraine, Unemployment|

Taking a look back at the May 2022 mortgage market, investor expectations surrounding inflation stabilized to some degree.

High Inflation Leads To Reduced Mortgage Applications

High Inflation Leads To Reduced Mortgage Applications

Rick Young 2022-06-12T23:50:25+00:00 June 10th, 2022|Categories: MortgageTime|Tags: Core CPI, Covid, CPI, ECB, European Central Bank, Inflation, MBS, Mortgage Bankers Association, Mortgage Rates, Mortgage-Backed Securities|

In recent months, high inflation (and higher mortgage rates) took a large toll on mortgage application volumes.