While many homeowners rushed to refinance, affordability is keeping a damper on sales. Now mortgage rates are climbing again, with investors having already priced in…
Posts published in “unemployment”
August payroll report includes “huge downward revisions” to previous estimates of June and July job growth, renewing recession worries and prospects for aggressive Fed rate…
Bond market investors who fund most mortgages are already certain the Fed will slash rates this month. The question has become how much will policymakers…
The big drop in mortgage rates did more to spur refinancing than homebuying, according to a weekly survey of lenders by the Mortgage Bankers Association,…
Jobs reports trigger recession fears, sending rates on 30-year fixed-rate mortgages plunging to new 2024 lows as investors rotate out of stocks and into bonds. …
Fed policymakers are acknowledging that while they’re determined not to cut rates until inflation is tamed, they’re also worried about waiting too long — and…
After spiking following the June 27 presidential debate, mortgage rates are trending down again on mounting expectations that the Federal Reserve will start cutting rates…
Key Fed inflation metric expected to drop June 28 following unexpected decline in May wholesale prices and jump in jobless claims to highest level since…
Rates have been in retreat as bond market investors who fund most mortgage loans react to the latest economic news and scaleback in tightening by…
Data provider Attom tracks the 50 U.S. communities most at risk of further housing decline. Half of them are located in one of three places. …