With 7.24 million Americans out of work in July and payroll growth slowing, the Fed is expected to pivot from fighting inflation to preserving jobs.
Source: Inman News
Homebuyers are out in force and mortgage rates are coming down
Published in 30 year fixed rate mortgage, 30-Year Fixed-Rate Mortgages, CME FedWatch Tool, CME Group, conference board, consumer confidence, consumer sentiment, federal funds rate, federal reserve, homebuyers, inflation, inman, Jerome Powell, Joel Kan, Loan Lock Data, Markets & Economy, matt carter, mba, Mortgage, mortgage applications, mortgage bankers association, mortgage rates, mortgage-backed securities, Optimal Blue, Pantheon Macroeconomics, Payroll Growth, purchase loans, Refinance Demand and Select
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