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Mortgage Market News
Fed, Geopolitics Fuel Volatility; Home Sales Improve
Comments from Fed officials and headlines surrounding the conflict with Iran contributed to market volatility, while new home sales reached their highest pace of the year.
Highway insights
Mortgage Market News
This succinct analysis of the previous week's news shows what's happening in the markets and why.
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Mortgage Market News
Fed Hikes Rates, Home Construction Cools
The Fed hiked rates for the first time in three years, while new home construction slowed and home contract signings edged up slightly from the previous month.
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Mortgage Market News
Fed Hike Odds Rise After Inflation Data
The latest inflation data leaves the door open to a Fed rate hike, while existing home sales declined for the third straight month.
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Mortgage Market News
Jobs Beat Expectations, Broader Labor Data Cools
August’s jobs report came in much stronger than expected, even as other data pointed to a cooling labor market.
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Mortgage Market News
Warsh: Inflation Top Priority, Noncommittal About Rate Hikes
Fed Chair Kevin Warsh emphasized the need for continued progress on inflation, but stopped short of committing to a September rate hike. Housing data showed home prices holding up even as sales slowed.
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Mortgage Market News
The Wealth-Building Power of Homeownership
The latest home price appreciation data highlighted the long-term wealth-building opportunity of homeownership. Also of note, home sales and construction cooled in July, and the Fed’s meeting minutes pointed to the importance of upcoming inflation and jobs data.
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Mortgage Market News
Favorable Inflation Data, Slower Home Sales
There was some welcome news on inflation, while the housing market saw slower sales in July but continued price strength this spring.
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Mortgage Market News
Jobs Data Signals a Cooling Labor Market
July hiring came in weaker than expected, with several reports pointing to a slowing labor market.
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Mortgage Market News
Annual Inflation Eases, Fed Leaves Rates Unchanged
The Fed kept rates unchanged, annual inflation eased, and home prices continued to show strength.
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Mortgage Market News
Home Sales Rebound, Oil Markets Stay Volatile
New home sales came in stronger than expected, home prices continued to appreciate, and geopolitical tensions kept oil markets volatile.
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Mortgage Market News
Inflation Eases, Housing Faces Headwinds
June brought some welcome inflation news, while housing market updates were mixed. Construction activity rebounded, but home sales declined.
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Mortgage Market News
Home Sales Slip, Prices Show Strength
Existing home sales slipped slightly in June, while home prices continued their seasonal upswing.