Latest News Tag: Market Trends

Last Week in Review: Markets React to the American Job Pain This past week was filled with a lot of market-moving news for the mortgage and housing industry. By week's end, interest rates continued to stabilize, while stocks set new all-time highs. Let's break it all down: Enormous Government Spending on the Way On Wednesday, […]

Last Week in Review: Rates May Have Just Peaked... This Is Why We watched long-term interest rates improve nicely this past week from the highest levels in over a year. The recent chatter about higher inflation has cooled down, allowing other themes to come in and influence stocks and interest rates. It was mostly negative […]

Last Week In Review: The Fed Spoke and Bonds Didn't Listen This past week the Federal Reserve issued their monetary policy statement, as well as new forecasts on the economy, inflation, and rates. Despite all the soft talk on inflation and seeming lack of concern on higher prices ahead, the bond market was not buying […]

The Last Week In Review: Two Big Things Moving The Market The volatility in the financial markets continued this past week, and at the end of it all, home loan rates were pretty much unchanged. Let's break down two big things moving the markets. More, More, More 1. This past Wednesday, Congress passed a whopping […]

Last Week in Review: The Fed, Inflation, and a Twist  Home loan rates improved modestly week-over-week as the U.S. bond market attempts to stabilize after a sharp increase in rates. Back on Thursday, February 25th, the 10-year yield hit 1.61% and has since declined back beneath 1.50%. This helped mortgage-backed securities (MBS), which drive home […]

Last Week In Review: Rates Go on Vacation Longer-term U.S. interest rates, including home loan rates, remain on the rise. The big story of the week is Fed Chair Jerome Powell on Capitol Hill to provide his real-time assessment of the economy and rates while attempting to "sell" the notion that higher inflation will not […]

Last Week in Review: Three Things to Know This Week Longer-term U.S. interest rates, including home loan rates, increased sharply this past week, touching pre-COVID levels. Let's break down the cause and effect as well as some other stories affecting housing. January Retail Sales Highlight Pent up Consumer Demand Retail Sales is a monthly report […]

Last Week in Review: Three Things the Fed Said This past week, the Federal Reserve held their first meeting of 2021 and shared its thoughts on the economy, inflation, and interest rates. Below are three important takeaways for the mortgage/housing world and overall economy: 1. "In terms of tapering, it's just premature." Fed Chair Jerome […]

Last Week in Review: Yellen for More Stimulus This past week, we watched stocks soar to record highs as Treasury Secretary nominee, Janet Yellen's Senate confirmation began. Ms. Yellen is being embraced by the stock markets because: She is well known, having been Fed Chair for several years. Having been Fed Chair, she knows the […]

Last Week in Review: Rates and Inflation on the Rise The Federal Reserve has been very clear on their communications over the past 18 months. They want to see inflation run hotter before even thinking about raising interest rates. And when we say interest rates, the only interest rates the Fed can control are short-term […]