November 2022 Fed Meeting Leads to Latest Interest Rate Increases
After the November 2022 Fed meeting, investors raised their outlook for monetary policy tightening heading into 2023.
August 2022 Unemployment Rate Falls to Lowest Level in Decades
This week, the highly anticipated labor market data came out, highlighted with the surprising drop in the August 2022 unemployment rate.
September 2022 Mortgage Market Soars to New Highs
Throughout the world, inflation continues its rampage as the September 2022 mortgage market soared to new highs.
Mortgage Rates Hit 2007 Highs as the Markets Stay Volatile
In another extremely volatile week, the latest news saw mortgage rates hit 2007 highs as the UK passed new tax cuts.
August 2022 Mortgage Rates Soar Amongst Stubborn Inflation Levels
Taking a look back at August 2022 mortgage rates, mortgage-backed securities continued to soar amongst stubbornly high inflation levels.
Unexpectedly Strong Job Gains Across the Board
With the release of last week’s Employment report, the United States reported unexpectedly strong job gains across the board.
75-Basis Point Increase Matches Largest Since 1994
Although this week’s Federal Reserve meeting revealed no surprises, the Fed launched its 75-basis point increase. Notably, this federal funds rate hike matches the largest since 1994.
Steady Job Gains in the Leisure and Hospitality Sectors
In a relatively quiet week for mortgage markets, investors saw steady job gains in the leisure and hospitality sectors.
The Latest Core PCE Meets Expectations as Mortgage Rates Decline
Although the latest core PCE met expectations, investors grow increasingly concerned with slowing global economic growth.
GDP Reading Fell to Lowest Level Since Spring of 2020
In a light week of economic reporting, the major news encompassed the latest GDP reading, which fell to the lowest level since spring 2020.