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Market Perspective


Potential Rate Cut Overshadows Strong Economic News
Overview: Ahead of highly anticipated U.S. Fed and European Central Bank meetings, expectations for looser monetary policy overshadowed...
Jul 24, 20192 min read
10 views


Housing Data Mixed, Inflation Holds Steady
Overview: While mixed economic data caused some volatility over the past week, it had little net effect, and mortgage rates ended just...
Jul 17, 20192 min read
18 views


Strong Labor Market Pushes Mortgage Rates Higher
Overview: After reaching the lowest levels in over two years, mortgage rates were pushed higher over the past week in the wake of...
Jul 10, 20192 min read
32 views


Mixed Home Sales Data
Overview: Sandwiched between last week’s highly anticipated Federal Reserve meeting and the key G20 summit coming up this weekend, there...
Jun 26, 20192 min read
13 views


Dovish Central Banks
Overview: Dovish comments from global central banks were positive for mortgage rates this week. This was partially offset by stronger...
Jun 19, 20192 min read
23 views


Job Numbers and Earnings Disappoint; Trade News Cancels Out Mortgage Rate Gains
Overview: In a week packed with major economic events, labor market data and news on trade with Mexico had the greatest impact. The...
Jun 12, 20192 min read
9 views


Tariffs on Mexico?
Overview: The threat of new tariffs on Mexico and tame inflation data were positive for mortgage rates this week, and rates ended at the...
Jun 5, 20192 min read
9 views


Good News in Consumer Confidence, Housing Market
Overview: Over the past week, investors grew more concerned that a trade deal between the U.S. and China may not be reached any time...
May 29, 20192 min read
36 views


Home Sales Slow
Overview: Over the past week, there was little reaction to the economic data, and the minutes from the May 1 Federal Reserve meeting...
May 22, 20191 min read
9 views


Higher Tariffs and Weak Economic Data Lead to Lower Rates
Overview: Over the past week, an escalation in trade tensions and weaker than expected economic data were positive for mortgage rates,...
May 15, 20192 min read
12 views


Unemployment Hits Lowest Level In 50 Years
Overview: The biggest economic report released over the past week contained mixed news on the labor market and was roughly neutral for...
May 8, 20192 min read
25 views


Economy Strong, but Inflation Stays Below Target Rate
Overview: Over the past week, strong growth data offset tame inflation readings, leaving mortgage rates nearly unchanged heading into...
May 1, 20192 min read
12 views


Consumer Spending Jumps
Overview: Light trading volume resulted in some volatility around Easter weekend, but mortgage rates ended the past week nearly...
Apr 24, 20192 min read
6 views


Builder Confidence Rises
Overview: Over the past week, it was a very light period for economic news in the U.S., while a modest improvement in global economic...
Apr 17, 20192 min read
20 views


Jobs Up, Unemployment Down, But Wage Growth Doesn’t Match Projections
Overview: Over the past week, investors were pleased that there were no significant surprises in the major U.S. economic data or in the...
Apr 10, 20192 min read
7 views


Rates Move Higher as U.S. and China Draw Closer to Trade Deal
Overview: After falling to the lowest levels in more than a year, mortgage rates moved a little higher over the past week. Increased...
Apr 3, 20192 min read
28 views


Mixed Housing Data: Mortgage Rates Drop, Inventories Remain Low
Overview: With little fresh news over the past week, investors continued to push global bond yields lower due to concerns about the pace...
Mar 27, 20192 min read
55 views


Fed Signals Looser Monetary Policy
Overview: Aside from the latest Federal Reserve meeting, which was favorable for mortgage rates, there was not much significant economic...
Mar 20, 20192 min read
8 views


Employment Numbers drop, Inflation News Mixed
Overview: Over the past week, the major U.S. economic data was weaker than expected overall, and the European Central Bank (ECB) provided...
Mar 13, 20192 min read
8 views


Upside Surprise in GDP
Overview: Stronger than expected economic data was the primary influence on mortgage rates over the past week, and rates ended slightly...
Mar 6, 20192 min read
33 views
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