Labor Market Rebounds, Beating Expectations and Showcasing Resilience
While the labor market briefly bowed under pressure this summer, August’s jobs numbers have “rebounded in a big way,” as...
Economy
Fed Observes Job Trends Ahead of Meeting, Waller Sees ‘Signs of Disinflation’
Above, Fed Governor Christopher Waller As the Federal Open Market Committee’s (FOMC) next meeting quickly approaches, real estate professionals are...
In First Jackson Hole Speech, Fed Chair Kevin Warsh Remains Guarded on Rate Changes
Above, Federal Reserve Chairman Kevin Warsh Real estate professionals anxiously awaiting lower mortgage rates may not see a decrease anytime...
Inflation Ticks Back Up, Reaches Nearly Double Fed’s 2% Goal
Inflation slowly ticked back up according to the Bureau of Economic Analysis (BEA) in its latest report, coinciding with several...
Consumer Confidence Slips as Present and Future Outlooks Conflict
In the face of ongoing geopolitical uncertainty and economic headwinds, consumers’ feelings about the economy remain dim. The nonprofit research...
Leading Economic Indicators Flash Positive, Despite Dim Outlook by Consumers
As the question of affordability looms over homebuyers' heads, recent reports by economists generally agree that the housing market is...
Notes From Fed Meeting Show Rate Hike on the Table Again
When many economic indicators pointed to issues with inflation, the governors of the Federal Reserve’s Open Market Committee (FOMC) instead...
Consumer Sentiment Wanes as War Rekindles Business Concerns
Consumer attitudes toward the economy reversed course as sentiment fell by nearly 8% so far for August. The University of...
Energy Costs Dip While Inflation Regains Momentum: Report
As many Americans blasted their ACs and took to the roads for summer vacations in July, the cost of energy...
Inflation Cools to 2-Month Low, but the Future Is Murky
Inflation cooled in June according to the latest data from the Bureau of Economic Analysis (BEA), meeting economists’ expectations for...
Buying With Weak Credit: Financing Options From Best to Worst
“For many buyers, six months spent lowering card balances, correcting report errors and building reserves is cheaper than taking the wrong loan today,” says one longtime loan expert. “A delayed purchase can hurt. A payment you cannot comfortably carry hurts much longer.” Read more.
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