March Home Sales Fall Due to Limited Inventory & Soaring Rates

2022-04-24T18:57:30+00:00 April 22nd, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , |

In a light week of reporting, March home sales fell as the real estate market grew increasingly aggressive.

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.

Russian Invasion of Ukraine Sparks Intense Market Volatility This Week

2022-04-02T14:23:43+00:00 February 25th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , |

Mortgage markets experienced another volatile week as the Russian invasion of Ukraine dominated headlines.

January 2022 Mortgage Rates Achieve Highest Levels Since Early 2020

2022-04-02T14:24:09+00:00 February 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , , , , , |

Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.

Record-Setting Core PCE Achieved Its Highest Level Since 1989

2022-04-18T16:04:28+00:00 December 30th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , , , |

Closing out 2021, the United States achieved a record-setting Core PCE Price Index. In doing so, Core PCE hit its highest level since 1989.

Luxury Home Sales Rise as the Market Overcomes Housing Challenges

2022-04-02T14:30:57+00:00 October 22nd, 2021|Categories: MortgageTime|Tags: , , , , , , , , , |

This past week saw luxury home sales rise as the market overcomes age-old housing challenges. Although the market saw little economic news, mortgages rates also rose. Ultimately, investors still focus on higher inflation.

Consumer Spending Surges Again with Tremendous Retail Sales

2022-04-02T15:01:55+00:00 July 17th, 2020|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , |

As consumer spending surges again, retail sales also faced a tremendous week. However, investors focused on the spreading coronavirus.

Housing Sector Picks Up with New Home Construction on the Horizon

2022-04-02T15:03:19+00:00 November 22nd, 2019|Categories: MortgageTime|Tags: , , , , , , , , , , , , |

As the housing sector picks up, mortgage rates remained relatively quiet this week as the trade negotiations with China offered little news.

GDP Triumphs Over Forecasts for Stronger Economic Growth This Quarter

2022-04-02T15:07:45+00:00 March 1st, 2019|Categories: MortgageTime|Tags: , , , , , , , , , , , , |

The latest data saw GDP triumph over forecasts, reflecting stronger economic growth this quarter and an unfavorable reaction for rates.

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