Blowout January jobs report has mortgage rates surging again

Employers added 353,000 workers to their payrolls in January, a “head scratching” jobs report from the Labor Department that kills prospects for a March rate cut “stone dead,” economist says Continue reading

Jump in key inflation gauge may delay mortgage rate relief

Futures markets still hold out hope for a March rate cut, even as annual inflation increased to 3.4 percent in December, moving away from the Fed’s 2 percent goal for the first time since September. Continue reading

What crash? Housing market may already be headed for a soft landing

In an Aug. 8 video to agents sure to cause a stir, Altos Research founder and CEO Michael Simonsen posits that the worst the industry may face is a contraction, not a crash. Continue reading