Russia-Ukraine Conflict Leads to Soaring Demand for Mortgage-Backed Securities
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
Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.
Inflation Surges to the Highest Level Since 1982
As inflation surges to the highest level since 1982, the mortgage market left investors stunned after months of remaining on-edge.
Consumer Spending Drops as Inflation Hits New Milestone
As consumer spending drops, investors focus on two major pieces of data this week: retail sales and inflation.
Mortgage Rates Rise to Kick Off the New Year
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.
Central Bank Meetings Quickly Offset High Volatility for Mortgage Rates
In an action-packed week, analysts saw Central Bank meetings quickly offset high volatility for mortgage-backed securities.
Wondrous Inflation Achieves the Highest Rate in 30 Years
In back-to-back months, the United States realized wondrous inflation. Not only did inflation reach a 30-year high in October, it did so again immediately after in November.
Surprising Consumer Spending Growth Leads to Retail Sales Surge
The theme of this week revolved around surprising consumer spending growth. As a result, retail sales saw an overall surge.
Inflation Jumped to 30-Year High as Shortages Quickly Compound
After months of back-and-forth discussion, last week saw inflation jump to a 30-year high as shortages compound.
Latest Employment Report Reveals Job Gains Went Down
This past week, analysts and investors closely watched the latest employment report. Unfortunately, it revealed that job gains went down, falling short of expectations.