June MBS: Understanding the High Inflation and Labor Market Impact

2023-06-30T22:58:54+00:00 June 30th, 2023|Categories: Uncategorized|Tags: , , , , , , , , |

The latest economic data highlights the persistence of high inflation and a tight labor market, which has implications for June MBS (mortgage-backed securities).

Mortgage Rates Reach March Levels as Investors Shift Their Focus

2023-05-19T18:05:50+00:00 May 19th, 2023|Categories: MortgageTime|Tags: , , , , , , , , , , , , , |

As the week comes to a close, mortgage rates reached March 2023 levels as investors shifted their focus away from banking.

April 2023 MBS: Examining Latest Economic Insights and Analysis

2023-06-08T15:17:47+00:00 May 1st, 2023|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , |

The April 2023 MBS volatility presented a mixed bag of economic indicators and data in the banking crisis aftermath.

September Existing Home Sales Fall as Mortgage Rates Soar

2022-10-21T18:13:44+00:00 October 21st, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , |

As mortgage rates reached their highest rates in over twenty years, September existing home sales fell for the eighth straight month.

September 2022 Mortgage Market Soars to New Highs

2022-09-30T18:34:58+00:00 September 30th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , |

Throughout the world, inflation continues its rampage as the September 2022 mortgage market soared to new highs.

Mortgage Rates Achieve Highest Levels in Over 10 Years

2022-09-24T18:20:03+00:00 September 23rd, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , |

As central banks around the world maintain an aggressive policy stance, mortgage rates achieved their highest levels in over 10 years.

August 2022 Mortgage Rates Soar Amongst Stubborn Inflation Levels

2022-09-23T15:53:18+00:00 September 15th, 2022|Categories: Uncategorized|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Taking a look back at August 2022 mortgage rates, mortgage-backed securities continued to soar amongst stubbornly high inflation levels.

Jackson Hole Economic Symposium Fallout Alludes to Inflation Outlook

2022-09-02T16:45:07+00:00 August 26th, 2022|Categories: Uncategorized|Tags: , , , , , , , , , , , , , , , , , , , |

While this week’s Jackson Hole Economic Symposium failed to cause much reaction, mortgage rates ended the week a little higher. However, Federal Reserve Chair Jerome Powell’s speak did allude to greater inflation consequences. Jackson Hole Economic Symposium Alludes to “Some Pain” In a highly anticipated speech from the Jackson Hole Economic Symposium, Fed Chair Powell alluded to the inflation outlook. In his address, Powell mentioned that the consequences of not aggressively fighting inflation produce a worse scenario than the effects of tightening monetary policy. Overall, he said that tightening monetary policy includes "some pain" for households and businesses. Powell repeated that future decisions depend on incoming economic data. Despite that announcement, he chose not to include specific guidance. Investors remain divided about whether the Fed raises the federal funds rate by 50 or 75 basis points at the September 21st meeting. Core PCE Climbs but Falls Below Consensus Forecast As the Jackson Hole Economic Symposium pointed towards inflation, core PCE climbed slightly year-over-year. In July 2022, core PCE increased 4.6% from a year ago. Not only did this fall below the consensus forecast, core PCE declined from a peak of 5.3% in February. As the Federal Reserve’s preferred inflation indicator, [...]

European Inflation Surges Spike Mortgage Rates in the United States

2022-08-24T00:12:59+00:00 August 19th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , |

With this week's data release, European inflation surges spiked bond yields and mortgage rates in the United States.

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