Tame Inflation Data After Volatile Week for Rates
Though it was a volatile week for mortgage markets, last week was also characterized by tame inflation data.
Powerful Job Gains Rising 2021 Mortgage Rates
Facilitated by powerful job gains, mortgage rates have been on an upward path this year, potentially influencing rising inflation. Stronger-than-expected economic data caused the trend to continue this week.
2021 Mortgage Rates Trajectory with New Monetary Policy
2021 mortgage rates trajectory continues their upward pace. Rates reached their highest levels in months, inspired by rising inflation.
Highest Mortgage Rates in Months After Spread of Virus
This week, the U.S. economy saw its highest mortgage rates in months. Characterized by extremely strong economic reports, impressive early 2021 retail sales kicked off the New Year.
January 2021 Inflation Stays Low While Fed Creates New Policies
January 2021 inflation remains low, capping off a relatively quiet week for mortgage-backed securities. Overall, investors are divided on the inflation outlook for later in the year.
Mixed Labor Market Data as Coronavirus Spreads Throughout the World
This past week saw mixed labor market data. However, it was a relatively quiet week for mortgage-backed securities overall.
Rising Inflation as World Learns of Spreading New Virus
The United States economy experienced rising inflation this past week. For mortgage-backed securities, this offset COVID-19 concerns.
December 2020 Home Sales Remained Strong
Wrapping up last year, December 2020 home sales remained strong. Mortgage rates ended slightly lower after an uneventful week.
Stimulus Package Affects Mortgage Rates with New Presidential Policies
As the stimulus package affects rates, the mortgage industry saw volatility. However, rates ended with little change after other news.
2021 Georgia Senate Runoff Election Now Increases Bond Yields
The Democratic Party swept the 2021 Georgia Senate runoff election, an unfavorable result for mortgage rates. While Friday's labor market report was mixed, this week's other major economic data was extraordinarily strong.