Trade Tensions Ease This Week for a Quieter Focus on Mortgage Rates
August ended quieted as trade tensions eased this week. In the last week of the month, mortgage rates remained relatively stable.
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.
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.
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.
Real Estate Market Faces Mixed New Home Sales Data
This week, the real estate market faced mixed new home sales data while the trade tensions left a positive effect for mortgage rates.
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.
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.
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.
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.