Weak economic data sets positive tone for mortgage rates
Overview: Weak data on retail sales and inflation set a positive tone for mortgage rates over the past week. Strong housing data had...
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Market Perspective
Jul 12, 20172 min read
Yellen’s Dovish Comments Move Rates Lower
Overview: Unexpectedly dovish comments from Fed officials were good for mortgage rates this week. There was little reaction to recent...
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Jul 5, 20172 min read
Rates Again Move Higher
Overview: The upward momentum in global bond yields, which followed hawkish comments from the European Central Bank (ECB), continued over...
58 views
Jun 28, 20172 min read
European Central Banks Turn Hawkish
Overview: Hawkish comments from central bankers in Europe were negative for U.S. mortgage rates this week. A light batch of economic data...
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Jun 21, 20172 min read
Hawkish Fed and Low Housing Inventory
Overview: Hawkish comments from an influential Fed official were negative for mortgage rates over the past week. Recent economic data had...
44 views
Jun 14, 20172 min read
Disappointing Data and Fed Rate Hike
Downside misses in major reports on inflation and retail sales were favorable for mortgage rates this week. The Fed meeting was viewed as...
126 views
Jun 7, 20172 min read
Mixed Labor Market Data
Over the past week, the labor market data was the primary influence on mortgage rates. Weaker than expected job gains were favorable for...
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May 31, 20172 min read
Inflation Declines
With a holiday-shortened week and little major news, mortgage markets were quiet over the past week. Tuesday’s inflation data and...
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May 24, 20172 min read
Fed’s Balance Sheet Plan
Last week, the political uncertainty that resulted from new allegations against the Trump administration was bad for stocks and good for...
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May 17, 20172 min read
Mortgage Rates Improve
Over the past week, mortgage rates fell to near the best levels of the year. Weaker than expected economic data was one primary reason....
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May 10, 20172 min read
French Election Relieves Uncertainty
The French election results relieved some economic and political uncertainty, and the investor reaction was slightly negative for...
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May 3, 20172 min read
No Surprises from Fed
There were no significant surprises in Wednesday’s Fed statement. The economic data released over the past week was roughly neutral. As a...
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Apr 19, 20172 min read
French Election Looms
Geopolitical events continued to concern investors over the past week. In particular, they are focused on elections in Europe and tensions i
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