Registration must be completed by 01/2025. Here's what you need to know: Why is a report needed? Effective January 1, 2024, many companies in the United States must report information about their beneficial owners—the individuals who ultimately own or control the...
Financial News
Strong Year for Home Sales
Strong Year for Home Sales: Mortgage Market News for the week ended January 21, 2022 With no major economic news, the investor outlook for growth and inflation remained the same this week. Mortgage markets experienced some daily volatility, but rates ended the week...
Consumer Spending Drops
Mortgage Market News for the week ended January 14, 2022 Investors were focused on two major economic reports this week measuring consumer spending and inflation. While retail sales were much weaker than expected and CPI inflation a bit stronger, neither report caused...
Mortgage Rates Rise
Mortgage Rates Rise: Mortgage Market News for the week ended January 07, 2022 Concerned about higher inflation, investors began the year by pushing up bond yields. Wednesday's more hawkish (in favor of tighter monetary policy) than expected Fed minutes then sparked...
Central Bank Meetings
Mortgage Market News for the week ended December 17, 2021 This week was packed with major economic news, most notably US and European central bank meetings. While daily volatility was high, however, these influences were mostly offsetting, and mortgage rates ended the...
Higher Inflation
Mortgage Market News for the week ended December 10, 2021 Investor concerns about the negative impact of the omicron variant on economic growth eased modestly this week, which was good for stocks but unfavorable for mortgage rates. The latest inflation data came in...
Solid Job Gains
Mortgage Market News for the week ended November 05, 2021 It was a packed week for economic news, highlighted by key labor market data, job gains, and a Fed meeting. When the dust settled, mortgage rates ended the week a little lower. The closely watched Employment...
Pandemic, Fed, and Jobs
Mortgage Market News for the week ended December 03, 2021 A wide range of major economic news caused an enormous amount of daily volatility this week. However, the various influences were roughly offsetting, and 2021 mortgage rates ended with little change. Investors...
Retail Sales Surge
Mortgage Market News for the week ended November 19, 2021 Rising Covid case counts, particularly in Europe, outweighed stronger than expected consumer spending and retail sales data this week, and mortgage rates ended a little lower. To help reduce the spread of...