It Was Great Seeing You at ACUMA! Let’s keep the momentum going. Ready to continue the conversation and explore partnership opportunities? Become a Partner.
For the third week in a row, stronger than expected major economic data was unfavorable for mortgage markets. First it was job gains, then inflation, and now consumer spending which eclipsed forecasts. As a result, mortgage rates climbed again to the highest levels of...
Higher than expected inflation data was negative for mortgage markets this week. Inflation reduces the value of future cash flows, forcing bond yields to rise to attract investors. As a result, mortgage rates climbed to the highest levels of the year. The Consumer...
Stronger than expected data caused investors to raise their outlook for economic growth this week, which was negative for mortgage markets. In particular, job growth continued to exceed the forecasts of economists. As a result, mortgage rates climbed to the highest...
Stronger than expected inflation data was negative for mortgage markets this week. A shortfall in consumer spending was a distant second in importance to investors, and mortgage rates ended the week higher. The Consumer Price Index (CPI) is one of the most widely...
The major economic data released this week sent a mixed message. On the one hand, inflation was significantly higher than expected. On the other hand, consumer spending fizzled out in January. Overall, investors placed more weight on the inflation data, and mortgage...
