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Mortgage Market News
Markets Digest Cornucopia of Data
December 2, 2024
There was a full plate of inflation, housing and economic data ahead of the Thanksgiving holiday.
Mortgage Market News
Home Sales Rise While New Construction Slows
November 25, 2024
Closings on existing homes rebounded in October. And while we saw a pullback in new construction last month, home builders are feeling more positive about the future.
Mortgage Market News
Annual Inflation Ticks Higher
November 18, 2024
Annual inflation ticked higher in October while there were some important comments from the Fed about the economy and future rate cuts.
Mortgage Market News
Fed Cuts Rates 25 Basis Points
November 11, 2024
As expected, the Fed cut rates by 25 basis points. Meanwhile, home price gains also continued in September, albeit at a slower pace than earlier in the year.
Mortgage Market News
Data a Mix of Tricks and Treats
November 4, 2024
There was a mix of tricks and treats during a busy week of labor, housing and inflation data.
Mortgage Market News
Mixed News on Home Sales
October 28, 2024
September brought mixed news on home sales while unemployment filings suggest that employers have slowed down their pace of hiring.
Mortgage Market News
Housing Starts Slow, Builder Sentiment Higher
October 21, 2024
New home construction eased in September, but home builders are feeling more positive about the future.
Mortgage Market News
Softening Shelter Costs Crucial to Inflation Data
October 15, 2024
Inflation was hotter than expected in September, but there is important context to those headlines. Plus, another index showed rising home prices.
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.