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Headlines about the conflict in Ukraine continued to cause volatility in mortgage markets this week, but their net impact was roughly neutral. Instead, the primary influence was growing concern about rising inflation, and mortgage rates ended the week higher. The...
It was another volatile week for mortgage markets, mostly due to the steady stream of headlines about the intensifying conflict in Ukraine. Key testimony from Fed Chair Powell and important labor market data had a much smaller impact. As a result, mortgage rates ended...
It was another volatile week for mortgage markets, mostly due to the events in Ukraine. The daily movements were offsetting, however, and mortgage rates ended the week with little change, remaining at the highest levels since the middle of 2019. Headlines about...
It was a volatile week for mortgage markets, mostly due to shifting expectations for Russian military action in Ukraine. The daily movements were offsetting, however, and mortgage rates ended the week with little change, remaining at the highest levels since the...
Investors have been on edge about higher inflation for months, and on Thursday they were hit with a powerful one-two combination that left them stunned. First, the CPI inflation report was even stronger than expected, and then a Fed official proposed a very rapid pace...
