articles jobs-data-sends-mortgage-rates-higher 
Housing Wire
NOVEMBER 3, 2023
The jobs report today which should move mortgage rates lower, demonstrates why it’s time for the Federal Reserve to land the plane. The labor market doesn’t show wages spiraling out of control as it did in the 1970s because the inflation data doesn’t look like anything in the 1970s. Bachelor’s degree or higher: 2.1%
Housing Wire
OCTOBER 3, 2023
Mortgage rates and bond yields kept rising Tuesday as the job openings unexpectedly increased more than anticipated. But is that job openings data legit today? And will job openings continue higher, pushing mortgage rates even higher in the future? What about the report itself?
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Housing Wire
APRIL 3, 2023
Housing demand grew and inventory levels fell again while mortgage rates rose. Mortgage rates rose to 6.57%. Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. In this article I talked about how to look at housing credit getting tighter during the next recession.
Housing Wire
JUNE 9, 2023
In fact, home prices have firmed up higher recently. In 2022 it was all about finding a point in time when I thought mortgage rates would fall, which was key to understanding how the purchase application data would react to lower mortgage rates. Now begins the journey to stabilization in housing data.
Housing Wire
JULY 2, 2023
Mortgage rates rose last week after the better-than-anticipated jobless claims data but even with higher rates, we also had a third week of positive purchase application data. Since May 15, that trend has continued to the point that inventory in America is now negative year over year.
Housing Wire
APRIL 12, 2023
The Consumer Price Index data released Wednesday showed again that the breakaway 1970s-style inflation is not happening, even with an expanding economy and an unemployment rate under 4%. The headline inflation data came in lower than anticipated. As I am writing this article, it’s trading at 3.42%.
Housing Wire
NOVEMBER 26, 2021
During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. Federal Reserve first rate hike? However, if the 2-year yield is above 0.56% and can rise toward 80 basis points, the first rate hike is on.
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