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Mortgage Market News
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Mortgage Market News
New Home Sales Rebounded in November
December 30, 2024
Data on new home sales and jobless claims highlighted a quiet week where the markets were closed on Wednesday for Christmas.
Mortgage Market News
Fed Rate Cut, Inflation and Home Sales
December 23, 2024
The Fed cut rates, though they pared back their forecasts for additional cuts next year. Inflation was cooler than forecasted, while existing home sales moved higher and builders feel more optimistic about sales next year.
Mortgage Market News
Annual Inflation Readings Accelerate
December 16, 2024
Consumer and wholesale inflation moved higher in November, while the latest unemployment filings also surprised to the upside.
Mortgage Market News
Deeper Dive on Labor Sector Data
December 9, 2024
Despite strong headline job gains reported for November, there are signs of underlying weakness in the labor sector. Meanwhile, home prices continue to appreciate on an annual basis.
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.