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So far Rick Young has created 169 blog entries.

Fed Tapering Bond Purchases to Quickly Reduce Inflation in 2022

2022-04-02T14:24:44+00:00 January 28th, 2022|Categories: MortgageTime|Tags: , , , , , , , , , |

With Wednesday’s Federal Reserve meeting, the continual conversation revolving the Fed tapering bond purchases took an interesting turn.

Strong 2021 Home Sales Cap Off Incredible Real Estate Rebound

2022-04-02T14:24:54+00:00 January 21st, 2022|Categories: MortgageTime|Tags: , , , , , , , , , , , , |

Capping off last year, the United States experienced strong 2021 home sales after they notoriously plummeted throughout a sluggish 2020.

December 2021 Mortgage Markets Fluctuate to Cap off the Year

2022-04-02T14:25:17+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.

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.

Mortgage Rates Rise to Kick Off the New Year

2022-04-02T14:26:04+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.

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.

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