The latest economic data highlights the persistence of high inflation and a tight labor market, which has implications for June MBS (mortgage-backed securities). The post June MBS: Understandin...
In a week marked by a lack of significant economic developments, housing starts surged as mortgage markets experienced a period of calm. The post Housing Starts Surge as Mortgage Markets Remain...
As the Fed paused rate hikes, mortgage markets experienced a volatile week, concluding the with a slight increase. The post Fed Pauses Rate Hikes: Volatility in Mortgage Markets appeared first...
Notably, this week's biggest economic story revolved around weakness in the services sector, revealed by the Institute of Supply Management. The post Weakness in Services Sector and Its Impact ...
After a notable rise in the initial weeks of May, mortgage rates declined amid mixed economic signals and manufacturing contraction. The post Mortgage Rates Decline as New Data Points to Manufa...
May 2023 MBS brought significant volatility to the mortgage markets, driven by a range of major economic news and events. The post May 2023 MBS Volatility and Its Impact on Markets appeared fi...
Amid growing concerns about the impact of high inflation, investors shifted their focus to the banking sector troubles and debt ceiling. The post Impact of High Inflation on Mortgage Rates and ...
As the week comes to a close, mortgage rates reached March 2023 levels as investors shifted their focus away from banking. The post Mortgage Rates Reach March Levels as Investors Shift Their Fo...
After a muddling 2022, refinance applications soared 10% week-over-week. This showed signs of life in the mortgage industry. The post Refinance Applications Soar 10 Percent Since Last Week app...
Alongside a wide range of major economic news, another Fed rate hike created a volatile week for mortgage markets. The post Another Fed Rate Hike Now Leads to Volatile MBS Markets appeared fir...