Mortgage Market News

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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.
John Smith
5 min read

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.
John Smith
5 min read

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.
John Smith
5 min read

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.
John Smith
5 min read

Markets Digest Cornucopia of Data

December 2, 2024
There was a full plate of inflation, housing and economic data ahead of the Thanksgiving holiday.
John Smith
5 min read

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.
John Smith
5 min read

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.
John Smith
5 min read

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.
John Smith
5 min read

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.
John Smith
5 min read

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.
John Smith
5 min read

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.
John Smith
5 min read

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.
John Smith
5 min read

September Saw Big Upside Jobs Surprise

October 7, 2024
Job growth in September was stronger than expected, while the unemployment rate ticked lower.
John Smith
5 min read