Inflation Remains High As Supply Chain Prevents Better GDP
After months of slow recovery, inflation remains high. Meanwhile, the latest GDP reported showed a negative impact on supply chain growth.
Luxury Home Sales Rise as the Market Overcomes Housing Challenges
This past week saw luxury home sales rise as the market overcomes age-old housing challenges. Although the market saw little economic news, mortgages rates also rose. Ultimately, investors still focus on higher inflation.
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.
Enormous Job Growth As Unemployment Benefits Abruptly Now End
When examining July 2021’s economic reports, enormous job growth rippled across the economy as unemployment benefits abruptly ended.
Dampened Job Gains Offset By Better Unemployment Rate
Key labor market data revealed mixed results, including dampened job gains missing the mark. However, a better unemployment rate counterbalanced those job gains.
Investors Focus on Targeted MBS Buying As Fed Nears Goals
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.
Breakthrough Job Gains as Labor Market Makes Vast Improvements
The monthly employment report brought stronger than anticipated data as the U.S. achieved breakthrough job gains and strong ISM data.
Strong Job Gains Drive Consumer Confidence Surge Despite Lower Rates
Key economic reports indicate that strong job gains drove a surge in consumer confidence. Bond investors displayed satisfaction.
Outstanding Economic Rebound Slows Its Growth While Inflation Explodes
After last year's partial economic shutdown, the outstanding economic rebound slows its growth while inflation explodes, leading to worry.
Good Hospitality Job Gains Fuel Hope in Promising Mortgage Market
Friday’s labor report illustrated good hospitality job gains after a rough 2020. Overall, this continues to fuel hope in what’s quickly becoming a promising mortgage market.