August Jobs Report Shows Slowdown, Increasing Odds of Rate Cut
In a September 5 report on job growth from the Bureau of Labor Statistics (BLS), U.S. employers added only 22,000 ...
Tag: Real Estate Economics
Low Rates Fall Short in Kickstarting Mortgage Applications
Mortgage applications decreased again for the third consecutive week, according to the Mortgage Bankers Association (MBA). The volume of mortgage ...
Mortgage Rates Hit Another Low
Sliding down another two basis points, the average 30-year fixed mortgage rate drop this week brought the figure to a ...
Consumer Confidence Dips Slightly, With Recession and Inflation Worries Percolating
The Conference Board Consumer Confidence Index declined by 1.3 points this month to 97.4 from 98.7 in July, reflecting consumers' ...
Fed Chair Powell Signals Start of Rate Cuts Ahead of September FOMC Meeting
During his highly anticipated eighth and final speech at the annual Jackson Hole Economic Policy Symposium in Wyoming, Federal Reserve ...
Mortgage Rates Level Out, Remain at 10-Month Low
Mortgage rates have leveled out, remaining this week at the lowest percentage seen since October, according to the latest Primary ...
Leading Economic Indicators Post Slowing Decline in July
The economy is slowing overall, continuing a less than ideal market to become a homebuyer, per the latest findings from ...
Fed Wary of Elevated Inflation and the Context of Low Unemployment
The latest Federal Open Market Committee (FOMC) meeting held by the Federal Reserve (Fed) concluded with the decision to maintain ...
Policy ‘Frustrations’ Keep Builder Confidence Low Amid Market Pressures
Confidence among homebuilders remains low as the housing market sees little relief from economic challenges, according to the latest data ...
Average 30-Year-Fixed Hits Lowest Rate Since October
Seeing a third week of declines and the lowest point since October, decreasing mortgage rates saw purchase applications and especially ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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