Mortgage Rates Reverse Trends with Strong Economic Data
After a large decline in 2019 to the lowest levels in several years, mortgage rates finally reversed the trend due to this week's reports.
Mixed Economic Data This Week After Little Job Gains Miss
Mortgage rates saw little change after mixed economic data this week as investors look towards major central bank meetings later in the month.
Core Consumer Price Index Shows Inflation on the Rise
This week, the Core Consumer Price Index showed inflation on the rise. Overall, this reflected negatively for mortgage rates.
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.
Mexican Trade Deal Agreement Now Leads to Tariffs Surprisingly Postponed
This week, the Mexican trade deal agreement caused market volatility. However, the net effect of all the news remained minor.
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.
CPI Shows Inflation Plummet as Mortgage Rates Actually Climb
As CPI shows inflation plummet, most investors expect moderate U.S. economic growth this year and weakness in other regions.
Core CPI Reflects Steady Inflation After the Latest Fed Meeting
As the latest core CPI report reflects steady inflation, investors received little major news from the Fed meeting after a quiet week.
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.
Provocative Selloff Sees Stocks & Dow Fall Suddenly
This week, a provocative selloff saw stocks fall suddenly. Additionally, the Dow Jones plummeted than 1,000 points.