Market Perspective

Overview: Over the past week, mortgage rates were driven by two primary factors: a massive decline in the stock market, which was...

Overview: While the stock market experienced little change over the past week, mortgage rates continued to increase, reaching the highest...

Overview: Data released over the past week revealed that housing inventory is at its lowest level since 1999. In a familiar refrain, a...

Overview: There were two primary influences on mortgage rates over the past week, which were offsetting. Stronger than expected economic...

Overview: Despite weaker than expected labor market data, it was a tough week for mortgage rates. Investors have favored stocks over...

Overview: There was little movement in mortgage rates over the past week. The major economic data generally was stronger than expected,...

Overview: Over the past week, the major influences for mortgage rates were negative. The significant economic data was stronger than...

Overview: While there was a wide range of economic and political news over the past week, none of it caused much reaction in the overall...

Overview: The primary influences on mortgage rates over the past week were political events. Progress on the tax bill and a plea deal by...

Overview: Most of the market news this week was unfavorable for mortgage rates, causing rates to end the week a little higher. The...

Overview: It was another quiet week. The major economic data released over the past week came in mostly on target and caused little...

Overview: There were no significant surprises in market-related news over the past week. The major economic data came in on target, and...

Overview: Market-moving economic news was scarce over the past week. Even Friday’s key monthly Employment Report had just a minor net...

Overview: Over the past week, mortgage rates reacted favorably to news regarding tax reform and the expected choice for the next Fed...

Overview: The two-month trend toward higher global bond yields continued over the past week, mostly due to the anticipated monetary...

Overview: During a relatively quiet week, investors focused on major reports on inflation, retail sales, and housing starts. The data was...

Overview: Despite potential distortions from the hurricanes, investors focused on stronger-than-expected economic data over the past...

Overview: With little news from geopolitical events or global central bankers, the main influence on mortgage rates over the past week...

Overview: Over the past week, the main influences on mortgage rates were an escalation in tensions with North Korea and additional...

Wednesday’s Fed meeting was viewed as more hawkish than expected, which was negative for mortgage rates. Recent economic data had little...