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Market Perspective


Manufacturing Slows
Overview: Mortgage rates, which are at the lowest levels in several years, declined a bit further over the past week. The primary...
Sep 4, 20192 min read


Rates Decline as Trade Tensions Rise
Overview: An increase in the trade tensions between the U.S. and China had a positive impact on mortgage rates over the past week, while...
Aug 28, 20192 min read


Retail Sales Surge, Easing Recession Fears
Overview: Over the past week, mortgage rates declined a bit further to the lowest levels in several years — and then reversed to end the...
Aug 21, 20192 min read


Trade Tensions Ease
Overview: Over the past week, progress in the trade talks between the U.S. and China almost exactly offset increased concerns about...
Aug 14, 20192 min read


Trade War Escalates, Rates Move Lower
Overview: Over the past week, an escalation in the trade war between the U.S. and China increased investor concerns about global economic...
Aug 7, 20192 min read


Looser Monetary Policy
Overview: With U.S. Federal Reserve and European Central Bank meetings, plus key U.S. gross domestic product and inflation reports, it...
Jul 31, 20192 min read


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


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


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


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


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


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


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


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


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


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


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


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


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


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
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