December 2021 Mortgage Markets Fluctuate to Cap off the Year

2022-01-15T19:52:42+00:00 January 15th, 2022|Categories: Monthly Recap|Tags: , , , , , , , , , , , , , , , , , , |

With the U.S. facing a tight labor market, record-setting inflation, and supply chain issues, December 2021 mortgage markets fluctuated.

Mortgage Rates Rise to Kick Off the New Year

2022-01-07T18:01:00+00:00 January 7th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , , , , , , |

The first week of 2022 saw mortgage rates rise to kick off the New Year, pushing them to their highest levels since April of 2021.

Holiday Consumer Spending Surges as Feds Adjust for Colossal Inflation

2021-12-28T00:11:49+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.

Inflation Frenzy Continues as Supply Chain Now Faces Disruptions

2021-11-25T14:25:10+00:00 November 15th, 2021|Categories: Monthly Recap|Tags: , , , , , , , , , |

As the holiday season approaches, the inflation frenzy continues. Currently, the U.S. faces a cavalcade of supply chain disruptions.

Luxury Home Sales Rise as the Market Overcomes Housing Challenges

2021-10-29T17:38:35+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.

Latest Employment Report Reveals Job Gains Went Down

2021-10-10T15:39:49+00:00 October 8th, 2021|Categories: MortgageTime|Tags: , , , , , , , , , , , |

This past week, analysts and investors closely watched the latest employment report. Unfortunately, it revealed that job gains went down, falling short of expectations.

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