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Market Perspective


Weaker Economic Data
Overview: Weaker than expected economic data was positive for mortgage markets over the past week. Major reports on the labor market,...
Nov 8, 20232 min read


No Surprises from Fed
Overview: Wednesday’s Federal Reserve meeting revealed no unexpected information and caused little reaction. Similarly, a key inflation...
Nov 1, 20232 min read


Home Sales Mixed
Overview: Market-moving events were scarce over the past week. No major economic data was released, and no developments in the Middle...
Oct 25, 20232 min read


Retail Sales Remain Strong
Overview: Over the past week, stronger than expected economic data was negative for mortgage markets. In particular, consumer spending...
Oct 18, 20232 min read


Labor Market Excels
Overview: Over the past week, the events in the Middle East far outweighed the economic news. As a result, mortgage rates ended the week...
Oct 11, 20232 min read


Mortgage Rates Climb
Overview: Over the past week, the major economic data remained relatively strong overall, and Federal Reserve officials showed no...
Oct 4, 20232 min read


New-Home Sales Rise Year-Over-Year
Overview: There was little major economic news over the past week. Mortgage rates increased a bit more, reaching the highest levels in...
Sep 27, 20232 min read


Fed Holds Steady
Overview: Over the past week, global central banks indicated that while continuing to fight inflation, they plan to hold short-term rates...
Sep 20, 20232 min read


Energy Prices Rise
Overview: Over the past week, investors were overwhelmingly focused on the key Consumer Price Index (CPI) inflation report. The results...
Sep 13, 20232 min read


Mixed Economic Data
Overview: A large batch of major economic data released over the past week was a bit stronger than expected overall. As a result,...
Sep 6, 20232 min read


Job Openings Fall
Overview: Weaker than forecasted economic data was favorable for mortgage markets over the past week. In particular, the reports on the...
Aug 30, 20232 min read


Home Sales Mixed
Overview: Despite a lack of major economic news, mortgage markets were volatile over the past week. The daily movements were roughly...
Aug 23, 20232 min read


Retail Sales Jump
Overview: While the latest inflation data was on target, other major economic reports released over the past week suggested that...
Aug 16, 20232 min read


Fluctuating Data Continues
Overview: Investors are deeply divided right now about the outlook for economic growth. Some think that the surprising strength...
Aug 9, 20232 min read


Solid Economic Growth
Overview: While the manufacturing sector remained weak, investors raised their outlook for overall economic growth again this week. As a...
Aug 2, 20232 min read


Fed Raises Rates
Overview: For the most part, investors spent the past week just waiting for Wednesday’s Federal Reserve meeting. There were no surprises...
Jul 26, 20232 min read


Retail Sales Fall Short
Overview: Last week, the release of the hugely important Consumer Price Index (CPI) inflation report caused a significant decline in...
Jul 19, 20232 min read


Wild Week
Overview: Mortgage markets went on a wild ride over the past week. After climbing to their highest levels of the year due to strong...
Jul 12, 20232 min read


Home Sales Rise
Overview: With a lack of significant economic news over the past week, it was a relatively quiet period for mortgage markets, and rates...
Jun 28, 20232 min read


Retail Sales Rise
Overview: It was a relatively quiet period for mortgage markets over the past week. There were no significant surprises in comments from...
Jun 21, 20232 min read
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