The Latest Core PCE Meets Expectations as Mortgage Rates Decline

2022-05-27T16:30:35+00:00 May 27th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , , |

Although the latest core PCE met expectations, investors grow increasingly concerned with slowing global economic growth.

Mortgage Rates Rose to Highest Levels Since Late 2018

2022-04-14T16:44:56+00:00 April 14th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , , , , |

As investors focused heavily on the high inflation, mortgage rates rose to their highest levels since late 2018.

February 2022 Mortgage Rates Face Massive New Inflation-Induced Volatility

2022-04-02T14:23:15+00:00 March 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Rising inflation levels continued to induce massive daily market volatility for February 2022 mortgage rates.

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.

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.

Holiday Consumer Spending Surges as Feds Adjust for Colossal Inflation

2022-04-02T14:27:17+00:00 December 15th, 2021|Categories: Monthly Recap|Tags: , , , , , , , , , , , |

As holiday consumer spending surges, the Federal Reserve plans adjustments for the recent colossal inflation, hitting a 30-year high.