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Market Perspective


Hurricane Irma impacts mortgage rates
Overview: Over the past week, North Korea and Hurricane Irma were the main influences on mortgage rates. At Thursday's meeting, the...
Sep 13, 20172 min read


Rates reach best levels since November elections
Overview: Over the past week, yet another increase in tensions with North Korea was positive for mortgage rates. Recent economic data had...
Sep 6, 20172 min read


Mortgage Rates Continue to Improve
Overview: Mortgage rates continued their modest yet steady improvement over the past week. The primary cause was a geopolitical event...
Aug 30, 20172 min read


Mortgage rates fluctuate amid political swings
Overview: The primary driver of mortgage rates over the past week was shifting sentiment about the Trump administration’s ability to pass...
Aug 23, 20172 min read


Mixed data causes little change in mortgage rates
Overview: Wednesday’s dovish Fed minutes caused a minor improvement in mortgage rates, while the major economic data released over the...
Aug 16, 20172 min read


Tensions With North Korea Move Rates Lower
Overview: Rising tensions with North Korea benefited mortgage rates over the past week. Mixed economic data was roughly offsetting. As a...
Aug 9, 20172 min read


Inflation below target. Will Fed still hike rates?
Overview: Following last Wednesday’s Fed meeting and ahead of Friday’s big labor market data, there has been very little market-moving...
Aug 2, 20172 min read


Fed, ECB Highlight the Week
Overview: Two major central bank meetings caused some volatility in mortgage rates over the past week. Neither ended up having much net...
Jul 26, 20172 min read


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...
Jul 19, 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...
Jul 12, 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...
Jul 5, 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...
Jun 28, 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...
Jun 21, 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...
Jun 14, 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...
Jun 7, 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...
May 31, 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...
May 24, 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....
May 17, 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...
May 10, 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...
May 3, 20172 min read
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