Mortgage rates jump higher again after jobs, inflation news
Following their largest drop in over a decade one week ago, averages rapidly swung upward as recession talk receded.
Mortgage rates
Mortgage rates inch higher amid inflation control measures
Recent remarks from Federal Reserve Chair Powell suggest more upward movement is ahead.
Mortgage rates surge at fastest pace since 1987
The latest Federal Reserve move to combat inflation led to a weekly increase of more than 50 basis points.
Extension risk likely for current non-QM securitizations: S&P
Rising interest rates eliminated any refinance incentive for 30% of the loans analyzed by Standard & Poor's, marking a turnaround from the start of the year when prepay speeds were expected to increase
Mortgage rates rise after 3 weeks of decreases
A positive employment report, robust consumer spending and Fed comments on inflation counter measures drove rates upward.
Housing market starting to shift back to buyers
The inventory shortage is beginning to ease, while demand is slowing due to high prices and rising mortgage rates.
Mortgage rates flatten amid talk of economic slowdown
With anticipated Federal Reserve moves already factored in, inflation and jobs data could play a bigger role in driving movement over the near term.
Mortgage rates surge to 3-year high following Fed hike
Averages rose sharply across the board, as investors focus on the central bank's response to ongoing economic and geopolitical developments.
How bond market volatility is hitting mortgage lenders
Executives speak on the uncertainty created by the Russia-Ukraine war and Federal Reserve announcements.
Mortgage rates climb even amid concerns of ongoing war
In addition to the Russia-Ukraine conflict, persistent inflationary pressures and expected monetary policy moves are contributing to volatility.
Russia-Ukraine war sinks mortgage rates again
The effect of the conflict and upcoming Fed announcements have left much of the industry guessing about what happens next.
Ukraine conflict pushes mortgage rates down
Strong economic data was countered by international political developments, sending the 30-year rate lower for the first time in a month.
Mortgage rates surge to highest level since COVID’s onset
Inflation data showing a 7.5% increase in consumer prices will likely lead to Federal Reserve moves that apply continued upward pressure.
Mortgage rates spike following Fed comments
The latest jobs and economic numbers pave the way for additional upward movement throughout 2022, analysts said.
Higher rates push mortgage locks to their lowest point in 2 years
December's activity was down 18% from November, led by a 23% drop in purchase volume and a 17% decline in rate-and-term refinancings, Black Knight said.
Mortgage rates hit their highest point since May 2020
Despite the rising number of COVID infections, investors made no moves that would apply downward pressure.
Mortgage rates rise after inflation news, Fed announcement
The central bank’s new tone has many in the industry planning for potential volatility in 2022.
Mortgage rates dip back below 3% after previous week’s surge
However, economic data points to likely future increases, with investors awaiting numbers from upcoming jobs report.
Mortgage rates jump above 3% for first time since June
Taper announcement, slowing COVID cases help remove downward pressure, leading to increases across all loan-term types.
Half of individual investors pessimistic about housing market: survey
The home price increases and the ongoing inventory shortage made buying conditions difficult and many think it’s only getting more challenging, according to RealtyTrac.
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