» News

News



ECB Adds Stimulus

The big event over the past week was Thursday's ECB meeting. The stimulus measures announced by the ECB made investors more willing to own riskier assets such as stocks, which was negative for safer assets such as bonds. The small amount of U.S. economic data released over the past week had little impact. As a result, mortgage rates ended the week [...] Read more

Strong Job Gains

A wide range of major U.S. economic data was released over the past week covering the labor market, manufacturing, services, and housing. Overall, the data suggested that U.S. economic growth and inflation were a little stronger than expected. As a result, mortgage rates ended the week higher. Friday's Employment report showed that job gains [...] Read more

Higher Inflation

Mortgage rates spiked higher late last week, as investors bought stocks and sold bonds. The volatility continued this week, but the net effect was favorable for mortgage rates. Despite an upside surprise in the CPI inflation data and stock market gains, mortgage rates ended the week a little lower. The Consumer Price Index (CPI) is the most widely [...] Read more

Trend Continues

With investors focused on the outlook for global economic growth, it was another week of declines in both stocks and mortgage rates. Fed Chair Yellen's comments contained no major surprises and were roughly neutral. Current mortgage rates are not far from the record lows seen in 2012. The trend continued this week as investors displayed a [...] Read more

Wage Growth Picks Up

Most of the economic data released over the past week fell short of expectations. However, strong wage growth in Friday's employment report offset some of the weakness perceived in the other data. Mortgage rates ended the week a little lower. Against a consensus forecast of 190K, the economy added 151K jobs in January. This was down from average [...] Read more

Volatile Week

A number of factors caused volatility in global financial markets over the past week. Comments from central bankers around the world, slower growth in China, and U.S. economic data were some of the biggest influences. Despite several large daily moves, the net effect was small, and mortgage rates ended the week with little change. Concerns about [...] Read more

Rates Improve on Overseas Issues

Overseas events were positive for mortgage rates during the first week of the year. The events included geopolitical tensions in North Korea and the Middle East as well as signs of slowing growth in China. Mortgage rates ended the week lower. Several events caused investors around the world to shift their holdings to safer assets. On Monday, Saudi [...] Read more

Home Sales Decline

Over the past week, economic events have had very little effect on mortgage rates. Year-end volatility due to light trading volume has been the more significant influence. Mortgage rates ended the past week just slightly higher. The last batch of data released this year on housing activity showed that we are ending 2015 at better levels than in [...] Read more

< 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 >
Copyright © 1999 HomeLoan123.com. All Rights Reserved.