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Market Perspective


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


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


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


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


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


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


Mixed Home Sales Data
Overview: With a lack of major economic data and no surprises from the Federal Reserve, it was a quiet period for mortgage markets over...
Feb 27, 20192 min read


Retail Sales, Overall Economic Data Fall Short
Overview: It was a relatively quiet period for mortgage markets over the past week. The primary influence was weaker than expected...
Feb 20, 20192 min read


World Economy, Shutdown Deadline Take Center Stage
Overview: With a light supply of significant economic reports, investors were mostly focused on bigger picture events over the past week....
Feb 13, 20192 min read


Shockingly Strong Job Gains
Overview: Over the past week, the positive momentum for mortgage rates following the January 30 Federal Reserve meeting continued a...
Feb 6, 20192 min read


Fed Favorable for Mortgages, but Pending Sales Down YoY
Overview: Wednesday’s U.S. Federal Reserve meeting was favorable for mortgage rates. The European Central Bank meeting on January 24 and...
Jan 30, 20192 min read


Home Sales Weak, Shutdown Continues to Delay Economic Data
Overview: Partly due to additional economic reports being delayed by the government shutdown, there was little market-moving economic...
Jan 23, 20192 min read


Builder Confidence Up, Inflation on Target
Overview: There was a wide range of economic news over the past week, and some economic reports were delayed by the government shutdown,...
Jan 16, 20192 min read


Offsetting Economic Data
Overview: Over the past week, strong labor market data was offset by weaker-than-expected reports from the manufacturing and service...
Jan 9, 20192 min read


Government Shutdown Impacts Housing Market
Overview: Reduced expectations for global economic growth were good for mortgage rates over the past week. There was little significant...
Jan 2, 20192 min read


Fed Hikes Rates, Consumer Spending and Home Sales Rise
Overview: Once again, the stock market was very volatile over the past week, while it was a much quieter period for mortgage rates. There...
Dec 19, 20182 min read


U.S. Economy Still Going Strong
Overview: Once again, the stock market was volatile over the past week, while it was a relatively quiet period for mortgage rates. The...
Dec 12, 20182 min read


Inflation Falls
Overview: While the stock market was volatile this past week, it was relatively quiet for mortgage rates. The economic data and the G20...
Dec 5, 20182 min read


Favorable Comments from Fed
Overview: Overall, the past week was a quiet holiday period for mortgage markets. The one major economic event was Wednesday’s speech by...
Nov 28, 20182 min read


Mixed Housing Data
Overview: While stocks posted large declines over the past week, it was a quiet period for mortgage markets, and rates ended with little...
Nov 21, 20182 min read
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