Coronavirus Pandemic Now Inspires Plummeting Inflation Alongside Reduced Activity
While the stock market posted nice gains this week, mortgage markets stayed relatively quiet despite the coronavirus pandemic.
Stocks Plunge Amidst Latest Coronavirus Concerns in 2020
This week, stocks plunged amidst the latest concerns regarding the coronavirus pandemic while investors shifted their to less risky assets.
Astonishing Impeachment Talks Ignored by Mortgage Markets
Surprisingly, mortgage markets left this past week’s astonishing impeachments talks ignored after news of President Trump's inquiry.
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.
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.
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.
GDP Triumphs Over Forecasts for Stronger Economic Growth This Quarter
The latest data saw GDP triumph over forecasts, reflecting stronger economic growth this quarter and an unfavorable reaction for rates.