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Market Perspective


Quiet Week Before Big Economic Reveals
With a lack of major economic data, mortgage markets were relatively quiet over the past week. The Federal Reserve minutes caused little reaction, and mortgage rates ended the week slightly higher.
Nov 192 min read


Shutdown May End Soon
During another light week for economic data due to the government shutdown, mortgage markets were relatively quiet. One report revealed that consumers were far less optimistic than expected about the economic outlook. As a result, rates ended the week slightly lower.
Nov 122 min read


Services Sector Improves
During another light week for economic data due to the government shutdown, mortgage markets were relatively quiet. One report revealed that consumers were far less optimistic than expected about the economic outlook. As a result, rates ended the week slightly lower.
Nov 52 min read


Fed Rate Cut
Over the past week, a key economic report revealed that inflation was a bit lower than expected, but it caused little reaction. The Federal Reserve meeting shed some doubt on another anticipated rate cut at the next meeting in December, which was negative for mortgage markets. As a result, rates ended the week a bit higher, up from their lowest levels of the year.
Oct 293 min read


Quiet Week
Mortgage markets were quiet over the past week. The relatively small amount of economic data provided by private companies caused little reaction. As a result, mortgage rates ended the week down slightly, near their lowest levels of the year.
Oct 222 min read


Trade Tensions Increase
Given the government shutdown, the Federal Reserve being in an easing cycle, and rising trade tensions between the U.S. and China, investors shifted assets to the bond market over the past week. The latest economic data collected by private companies caused little reaction. As a result, mortgage rates ended the week down slightly, near their lowest levels of the year.
Oct 153 min read


Shutdown Delays Data
The government shutdown left investors without some major economic reports over the past week, leaving mortgage markets relatively quiet. The latest economic data collected by private companies caused little reaction. As a result, mortgage rates ended the week down slightly, near their lowest levels of the year.
Oct 82 min read


Inflation Remains Steady
Mortgage markets experienced little change over the past week. The latest inflation data was in line with expectations, and other economic reports also revealed no market-moving surprises. The government shutdown may delay the release of future economic reports, but it otherwise has had little impact on financial markets so far. As a result, mortgage rates ended the week nearly unchanged.
Oct 12 min read


Home Sales Jump
With a lack of major economic news, mortgage markets were relatively quiet over the past week. Mortgage rates have moved slightly higher since the Federal Reserve meeting a week ago but remain near their lowest levels of the year.
Sep 242 min read


Fed Cuts Rates
Over the past week, there were no major surprises from the Federal Reserve meeting or the inflation data. Consumer spending was a good deal stronger than expected, but its impact was minor. Mortgage rates remained near their lowest levels of the year.
Sep 172 min read


Weak Job Growth Pushes Mortgage Rates to 2025 Lows
The closely watched employment data released on Friday fell far short of expectations, increasing concerns about the strength of the labor market. As a result, mortgage rates ended the week near the lowest levels of the year.
Sep 102 min read


Higher Inflation
Over the past week, the major economic data was mixed, and its impact was relatively small. Inflation moved higher, while the labor market data weakened. Mortgage rates ended the week with little change, remaining near the lowest levels of the year.
Sep 32 min read


Fed Signals a September Rate Cut
Over the past week, investors were focused on a speech by Federal Reserve Chair Jerome Powell. While far from a sure thing, Powell suggested that cutting rates was a reasonable option given current economic conditions, which was viewed as a win by investors hoping for looser monetary policy. As a result, mortgage rates ended the week a little lower.
Aug 272 min read


Consumer Spending Rises
Over the past week, economic reports revealed that consumer spending remained solid and inflation was stronger than expected. As a result, mortgage rates ended the week a bit higher.
Aug 202 min read


Inflation Data on Target
Over the past week, investors were focused on major inflation data. The results were very close to expectations, and mortgage rates ended the week nearly unchanged.
Aug 132 min read


Job Gains Disappoint
The story for mortgage markets over the past week was straightforward. The monthly Employment Report released on Friday showed that job gains in recent months were much weaker than expected. As a result, mortgage rates ended the week lower.
Aug 62 min read


Fed Waits to Cut Rates
Although there was a significant amount of economic news over the past week, there were few market-moving surprises. In particular, the Federal Reserve meeting did little to alter the outlook for future monetary policy, and mortgage rates ended the week nearly unchanged.
Jul 302 min read


Housing Inventory Climbs Higher
Mortgage markets were relatively quiet over the past week. While consumer spending was stronger than expected, its impact was minor. Mortgage rates ended the week slightly lower.
Jul 232 min read


Mixed Inflation Data
Over the past week, investors were focused on major inflation data. While the headline figures were a bit lower than expected overall, the details suggested that the impact of higher tariffs may be a concern going forward. As a result, mortgage rates ended the week a little higher.
Jul 162 min read


Solid Labor Market
The major economic data released over the past week was a bit stronger than expected overall, particularly in the labor market and services sector. As a result, mortgage rates ended the week a little higher.
Jul 92 min read
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