January 2022 Mortgage Rates Achieve Highest Levels Since Early 2020
Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.
Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.
With the U.S. facing a tight labor market, record-setting inflation, and supply chain issues, December 2021 mortgage markets fluctuated.
The first week of 2022 saw mortgage rates rise to kick off the New Year, pushing them to their highest levels since April of 2021.
As holiday consumer spending surges, the Federal Reserve plans adjustments for the recent colossal inflation, hitting a 30-year high.
In light of breaking news, the investors are ready for the Fed tapering bond purchasing. This past week saw enormous daily volatility in mortgage-backed securities markets.
This past week saw solid job gains amidst a packed week for mortgage markets, highlighted by key labor market data and a Fed meeting.
The latest few months highlight the trend of the United States resurgence suffering. Key data revealed mixed results throughout the economy.
This past week, analysts and investors closely watched the latest employment report. Unfortunately, it revealed that job gains went down, falling short of expectations.
Key labor market data revealed mixed results, including dampened job gains missing the mark. However, a better unemployment rate counterbalanced those job gains.
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.