This past week marked disappointment in the labor market as job gains see a startling plummet. The major economic data accompanied by Friday's labor market report fell well below analyst expectations.
This week, the United States economy saw retail sales rise, though they caused a minimal reaction for mortgage rates.
This week, the latest labor market report came out, reflecting a plunging unemployment rate and massive job gains.
Following Friday’s strong labor report, the United States realized unbelievably stunning job gains after weeks of declines.
With Super Tuesday and the key monthly Employment report on the schedule, the world places focus on the coronavirus pandemic.
This week, the United States experienced more impressive job gains playing a major role in mortgage markets.
The United States-China trade talks face hurdles, generating a favorable impact for mortgage-backed securities this week.
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.
Mortgage rates saw little change after mixed economic data this week as investors look towards major central bank meetings later in the month.
This week, the Core Consumer Price Index showed inflation on the rise. Overall, this reflected negatively for mortgage rates.
