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
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
With job market stable and economy chugging along, futures market investors now think the odds of a September rate cut are less than even. Continue reading
Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading
Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading
Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading
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
Windermere Economist Jeff Tucker looks at recent economic indicators, including some surprising upside despite a disappointing spring market. Continue reading
Economists typically keep their eyes out for three key things when assessing whether a Middle East conflict could weigh on U.S. home sales. Here’s what they are. Continue reading
Purchase loan applications soared 10 percent last week to the highest level since April, even though rates have been stuck in the high sixes, the Mortgage Bankers Association reported Wednesday. Continue reading