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Mortgage Market News
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Mortgage Market News
September Saw Big Upside Jobs Surprise
October 7, 2024
Job growth in September was stronger than expected, while the unemployment rate ticked lower.
Mortgage Market News
Inflation Moderates, Home Prices Hit Highs
September 30, 2024
Consumer inflation continues to moderate while home prices hit another record high. Plus, housing market activity is slowly increasing on the heels of lower mortgage rates.
Mortgage Market News
Fed Cuts Rates 50 Basis Points
September 23, 2024
The Fed started its rate-cutting cycle with an aggressive move, while housing construction ramped up in August due in large part to lower mortgage rates.
Mortgage Market News
Inflation, Fed Rate Cuts and Home Prices
September 16, 2024
The latest inflation readings keep the Fed on track to cut rates at their meeting this week, while an important survey sheds light on expectations for home prices.
Mortgage Market News
More Signs of Slowing in the Labor Sector
September 9, 2024
A full week of jobs data showed that the labor sector continues to slow, while another appreciation report revealed that national home values are still rising.
Mortgage Market News
Cooling Inflation Keeps Fed Rate Cuts on Track
September 3, 2024
The latest inflation readings keep the Fed on track for a rate cut in September, while home prices continue to appreciate nationwide.
Mortgage Market News
Fed Confirms Time Has Come for Policy to Adjust
August 26, 2024
The Fed signaled rate cuts are ahead while New Home Sales surprised to the upside.
Mortgage Market News
Consumer Inflation Falls, Housing Starts Slow
August 19, 2024
Inflation made important progress lower in July while homebuilder confidence and new construction slowed.
Mortgage Market News
Rising Home Prices, Elevated Jobless Claims
August 12, 2024
The latest home price indexes showed that wealth creation opportunities remain in homeownership. Plus, there were more signs that the labor sector is slowing.
Mortgage Market News
Labor Sector Softens, Home Prices Hit Highs
August 5, 2024
The Fed held rates steady but hinted that the time for a cut may be approaching. Plus, there were more signs that the labor sector is weakening while home prices hit a new high.
Mortgage Market News
Easing Inflation Signals September Rate Cut
July 29, 2024
The Fed’s preferred inflation measure, annual Core PCE, remained at a three-year low while home sales were subdued in June. Plus, economic growth in the second quarter surprised to the upside.
Mortgage Market News
Is Builder Sentiment Near a Bottom?
July 22, 2024
Home builder sentiment remains below a key threshold while there was an important caveat to the rise in construction projects last month. Plus, more signs are signaling a slowdown in economic activity.
Mortgage Market News
Consumer Inflation Cools, Wholesale Inflation Surprises
July 15, 2024
Consumer inflation cooled in June, while wholesale inflation surprised to the upside. Plus, Fed Chair Jerome Powell acknowledged that elevated inflation isn’t the only risk to our economy.