May 26, 20211 minHome Sales Dip, Prices Keep ClimbingOverview: During a light week for economic reports, what stood out was weaker than expected housing data. As a result, mortgage rates...
Apr 28, 20212 minNew-Home Sales Soar; Fed Policy UnchangedOverview: It was a quiet week for mortgage markets. Wednesday’s Federal Reserve meeting contained no surprises, and the housing data was...
Mar 10, 20212 minImpressive Job GainsOverview: Over the past week, stronger than expected labor market data was negative for mortgage rates, and comments from Federal Reserve...
Nov 18, 20202 minRetail Sales Fall Short, Builder Confidence SoarsOverview: While extremely positive COVID vaccine trial data from a second company reinforced the view that relief from the pandemic is on...