Housing Inventory Archives

Russia-Ukraine Conflict Leads to Soaring Demand for Mortgage-Backed Securities

Russia-Ukraine Conflict Leads to Soaring Demand for Mortgage-Backed Securities

Rick Young 2022-04-02T14:23:57+00:00 February 18th, 2022|Categories: MortgageTime|Tags: Building Permits, Consumer Spending, Core PCE, Existing Home Sales, Housing Inventory, Housing Starts, MBS, Median Existing-Home Price, Mortgage-Backed Securities, New Home Sales, Retail Sales, Russia, Ukraine|

Last week, mortgage markets experienced daily volatility as the Russia-Ukraine conflict led to soaring demand for mortgage-backed securities.

January 2022 Mortgage Rates Achieve Highest Levels Since Early 2020

January 2022 Mortgage Rates Achieve Highest Levels Since Early 2020

Rick Young 2022-04-02T14:24:09+00:00 February 15th, 2022|Categories: Monthly Recap|Tags: Consumer Price Index, Consumer Spending, Core CPI, Core PCE, Coronavirus, COVID-19, CPI, Existing Home Sales, Federal Reserve, Gross Domestic Product, Housing Inventory, Housing Starts, Inflation, ISM, ISM Manufacturing, Job Gains, Manufacturing, MBS, Mortgage-Backed Securities, New Construction, Omicron, Retail Sales, Unemployment|

Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.

Strong 2021 Home Sales Cap Off Incredible Real Estate Rebound

Strong 2021 Home Sales Cap Off Incredible Real Estate Rebound

Rick Young 2022-04-02T14:24:54+00:00 January 21st, 2022|Categories: MortgageTime|Tags: Building Permits, Core PCE, Coronavirus, COVID-19, Existing Home Sales, Federal Reserve, Gross Domestic Product, Housing Inventory, Housing Starts, MBS, Median Existing-Home Price, Mortgage-Backed Securities, Omicron|

Capping off last year, the United States experienced strong 2021 home sales after they notoriously plummeted throughout a sluggish 2020.

Record-Setting Core PCE Achieved Its Highest Level Since 1989

Record-Setting Core PCE Achieved Its Highest Level Since 1989

Rick Young 2022-04-18T16:04:28+00:00 December 30th, 2021|Categories: MortgageTime|Tags: Core PCE, Coronavirus, COVID-19, Employment, Existing Home Sales, Housing Inventory, Inflation, ISM Manufacturing, ISM Services Index, Median Existing-Home Price, New Construction, Omicron, Supply Chain|

Closing out 2021, the United States achieved a record-setting Core PCE Price Index. In doing so, Core PCE hit its highest level since 1989.

Surprising Consumer Spending Growth Leads to Retail Sales Surge

Surprising Consumer Spending Growth Leads to Retail Sales Surge

Rick Young 2022-04-02T14:29:39+00:00 November 19th, 2021|Categories: MortgageTime|Tags: Consumer Spending, Core PCE, Coronavirus, COVID-19, Existing Home Sales, Housing Inventory, Housing Starts, New Home Sales, Retail Sales|

The theme of this week revolved around surprising consumer spending growth. As a result, retail sales saw an overall surge.

Investors Focus on Targeted MBS Buying As Fed Nears Goals

Investors Focus on Targeted MBS Buying As Fed Nears Goals

Rick Young 2022-04-02T14:33:26+00:00 August 27th, 2021|Categories: MortgageTime|Tags: Employment, Existing Home Sales, Housing Inventory, Inflation, ISM Manufacturing, MBS, Trade Balance, Unemployment|

Investors focus on targeted MBS buying as Fed nears goals. However, Fed Chair Powell did not provide an updated timeline for policy changes. As a result, mortgage rates ended the week slightly higher.

Attractive Mortgage Rates React to Looming Inflation in June 2021

Attractive Mortgage Rates React to Looming Inflation in June 2021

Rick Young 2022-04-02T14:33:52+00:00 August 15th, 2021|Categories: Monthly Recap|Tags: Consumer Confidence, Employment, Housing Inventory, Inflation, Job Gains, Manufacturing, MBS, Mortgage-Backed Securities, Retail Sales|

In June 2021, the United States saw attractive mortgage rates alongside continually looming inflation. As a matter of fact, annual inflation rose to its highest level in June since August 2008.