Housing Market Shows New, Encouraging Data This Week
As the housing market shows new, encouraging data this week, it still faced overshadowing from Wednesday's Fed meeting.
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.
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.
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.
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.
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.
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.
Focus on the Fed Influences Mortgage Rates This Week
As analysts place focus on the Fed minutes, mortgage rates fluctuated, ending the week higher than they were.
Loathsome Housing Market Conditions as Home Sales Decrease from June
Currently, the United States faces loathsome housing market conditions. Throughout this year, the housing market displayed disappointingly.
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.