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Market Perspective


Impressive Job Gains
Overview: Over the past week, stronger than expected labor market data was negative for mortgage rates, and comments from Federal Reserve...
Mar 10, 20212 min read


Retail Sales Fall Short, Builder Confidence Soars
Overview: While extremely positive COVID vaccine trial data from a second company reinforced the view that relief from the pandemic is on...
Nov 18, 20202 min read


Waiting for Election Results
Overview: The election was clearly the focus over the past week. Mortgage rates moved a little higher in the days prior to the election...
Nov 4, 20202 min read


Housing Market Excels
Overview: Growing concern about rising coronavirus case counts around the world was negative for stocks over the past week, but mortgage...
Oct 28, 20201 min read


Retail Sales Improve, Single-Family Starts Rise
Overview: Over the past week, stronger than expected economic data and increased expectations for additional government stimulus were...
Oct 21, 20202 min read


Low Inflation Fueling Low Mortgage Rates
Overview: The past week was a quiet one for mortgage markets. The small amount of major economic data was right on target, and the...
Oct 14, 20201 min read


Unemployment Drops; Fed Funds Rate Holds Steady
Overview: With President Trump’s positive COVID-19 test, the release of major economic data, and rapidly shifting headlines about...
Oct 7, 20202 min read


Impressive Home Sales
Overview: A return to lockdown measures in many countries due to an increase in coronavirus cases was favorable for mortgage rates over...
Sep 30, 20202 min read


Existing-Home Sales, Builder Confidence Soar
Overview: The economic data released over the past week, while quite strong, had little impact on mortgage markets. It was a relatively...
Sep 23, 20201 min read


Fed Remains Accommodative, Retail Is Bouncing Back
Overview: Neither the Federal Reserve meeting nor the economic data had much impact on mortgage markets over the past week. Rates again...
Sep 16, 20202 min read


Unemployment Rate Plummets
Overview: Over the past week, stronger than expected major economic data did not have much effect on mortgage markets. Rates again ended...
Sep 9, 20201 min read


Fed Changes Inflation Policy
Overview: Over the past week, the major economic data and a highly anticipated speech from Federal Reserve Chair Jerome Powell had little...
Sep 2, 20202 min read


Home Sales Surge
Overview: Over the past week, the primary economic news came from the surprisingly strong housing sector. Mortgage rates experienced some...
Aug 26, 20202 min read


Retail Sales, Housing Starts Rebound
Overview: Over the past week, a new fee on refinances was negative for mortgage rates, while stronger than expected retail sales and...
Aug 19, 20202 min read


Strong Jobs and Inflation
Overview: Over the past week, stronger than expected labor market and inflation data was negative for mortgage markets, and rates rose a...
Aug 12, 20202 min read


Services Sector Improves, Inflation Falls
Overview: Over the past week, the economic data continued to reflect a stronger than expected recovery following the partial shutdown due...
Aug 5, 20202 min read


Housing Looking Healthy; Rates Hit New Lows
Overview: Over the past week, neither the Federal Reserve meeting nor the economic data caused much reaction in financial markets....
Jul 29, 20202 min read


Retail Sales and Housing Activity Surge
Overview: Over the past week, investors continued to keep a close eye on the concerning spread of the coronavirus in many areas. The...
Jul 22, 20202 min read


Low Inflation Helps Keep Rates at Record Lows
Overview: During a light week for economic data, investors remained focused on the concerning spread of the coronavirus in many regions....
Jul 15, 20202 min read


Jobs Make Shocking Rebound
Overview: Over the past week, the big surprise on the economic front was that the latest Employment Report far surpassed expectations for...
Jul 8, 20202 min read
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