Tag Archives: Bureau of Labor Statistics

Yes, inventory’s up, but de-listings and expireds slow growth

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Windermere Economist Jeff Tucker looks at inventory levels and writes that, while sellers are willing to list, they won’t bend on price. Continue reading →

Mortgage rates hit 4-month low and have more room to drop

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Homeowners scrambled to refinance last week as mortgage rates dropped to the lowest level in four months, with homebuyer demand also up by double digits from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Mortg… Continue reading →

Gary Keller: Real estate could be in a recession until late 2026

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At Keller Williams Mega Agent Camp, franchise co-founder Gary Keller said the housing market could be in a recession through late 2026, as the economy experiences burgeoning stagflation. Continue reading →

Mortgage rates drop with stocks on surprise jobs report and new tariffs

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Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in May and June. Continue reading →

Mortgage rates are headed up again on June CPI inflation report

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Inflation moved away from Fed’s 2 percent target for the second month in a row, with the cost of goods and services rising 2.7 percent from a year ago, up from 2.3 percent in April. Continue reading →

Mortgage rate drop unlikely after strong June jobs report

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The report beat analyst expectations by 37,000 jobs, curtailing hopes of a short-term rate cut in September. Several economists say mortgage rates will likely stay elevated and keep homebuyers on the sidelines. Continue reading →

May CPI misses projections even as tariff effects hold off

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Inflation remained softer than expected in May, with consumer prices rising only modestly, suggesting that President Donald Trump’s latest tariffs have yet to ripple through, the Bureau of Labor Statistics reported Wednesday. Continue reading →

Job market is cooling, but not fast enough to alarm Fed policymakers

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An estimated 7.24 million Americans were unemployed in May, as hiring by private employers slowed and the federal government continued to shrink its payroll. Continue reading →

Mortgage rates ease as economic data flashes recession warning

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Consumer confidence sank to a five-year low in April over concerns about tariffs, while trade deficit surged to an all-time high in March, and job postings shrank more than expected Continue reading →

Mortgage rates down sharply as tariff worries spark flight to safety

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Heightened fears of a trade war and recession have investors convinced that the Fed will start cutting rates again in June — a sentiment that gives mortgage rates more room to come down. Continue reading →