Fed Guidance Indicates Rapid Plans to Reduce Their Bond Portfolio
This week, investors awaited the latest Fed guidance. Fed officials plan to reduce their bond portfolio more quickly than expected.
February 2022 Mortgage Rates Face Massive New Inflation-Induced Volatility
Rising inflation levels continued to induce massive daily market volatility for February 2022 mortgage rates.
Conflict in Ukraine Lowers Mortgage Rates as More Volatility Builds
In another volatile week for mortgage markets, the conflict in Ukraine continued to intensify while the U.S. heard testimony from the Fed.
Fed Tapering Bond Purchases to Quickly Reduce Inflation in 2022
With Wednesday’s Federal Reserve meeting, the continual conversation revolving the Fed tapering bond purchases took an interesting turn.
Strong Consumer Spending Offsets Inflation Driving Mortgage Rates Down
The past week saw strong consumer spending. This data offset weak inflation figures. As a result of the reporting, mortgage rates ended slightly lower.
Coronavirus Impact on Mortgage Rates Still Up in the Air
COVID-19 quickly expanded around the world, but the coronavirus impact on mortgage rates still remains up in the air.
Strong Job Gains Alongside Fourth of July Weekend
The United States faces strong job gains alongside the Fourth of July weekend, making for a very volatile mortgage market.
Employment Report on Friday Now Shows Healthy Economy
This week, the Employment Report on Friday showed a healthy economy. Beyond that, investors also watched Wednesday’s Federal Reserve meeting.
Excelling Labor Market Actually Now Offsets Sluggish Manufacturing Sector
This week, the excelling labor market actually offset weak manufacturing data and concern over the pace of global economic growth this week.
Mortgage Rates Reached Four-Year High Due To Economic Growth
Due to economic growth, mortgage rates reached a four-year high due to several big picture factors coming into play.