Tag Archives: Employment

Homebuyer demand sags as mortgage rates stay range bound

By | | Uncategorized
Comments Off on Homebuyer demand sags as mortgage rates stay range bound

Applications for purchase mortgages drops for a fifth consecutive week to the lowest level since October, as mortgage rates continue to hover above 6 percent. Continue reading →

He’s been at the MBA and Fannie Mae. Here’s who he thinks has the better 2026 mortgage forecast

By | | Uncategorized
Comments Off on He’s been at the MBA and Fannie Mae. Here’s who he thinks has the better 2026 mortgage forecast

Economist Doug Duncan weighs in on the challenges facing economic forecasters today, cutbacks in economic reports produced by Fannie and Freddie, Fed independence, and more. Continue reading →

Massive downward jobs revision not budging mortgage rates

By | | Uncategorized
Comments Off on Massive downward jobs revision not budging mortgage rates

Rebenchmarking that suggests the U.S. added 911,000 fewer jobs than previously thought generates political heat but was widely expected by economists and investors. Continue reading →

Mortgage rates plummet to new 2025 low on anemic jobs report

By | | Uncategorized
Comments Off on Mortgage rates plummet to new 2025 low on anemic jobs report

Investors who fund most home loans are no longer wondering whether the Federal Reserve will cut rates this month, but by how much. At least three quarter-percentage point rate cuts are now expected this year. Continue reading →

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

By | | Uncategorized
Comments Off on Gary Keller: Real estate could be in a recession until late 2026

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

By | | Uncategorized
Comments Off on Mortgage rates drop with stocks on surprise jobs report and new tariffs

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 →

Jobs report gives the Fed more leeway for a September rate cut

By | | Uncategorized
Comments Off on Jobs report gives the Fed more leeway for a September rate cut

With Trump administration’s Aug. 1 deadline looming, new readings on consumer confidence show would-be homebuyers may be getting less fearful that tariffs will tank the economy. Continue reading →

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

By | | Uncategorized
Comments Off on Job market is cooling, but not fast enough to alarm Fed policymakers

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 →

Weak February jobs report moves the needle on mortgage rates

By | | Uncategorized
Comments Off on Weak February jobs report moves the needle on mortgage rates

Mortgage rates eased Friday as investors took stock of new data showing employers added 151,000 workers to their payrolls in February and the unemployment rate ticked up to 4.1 percent. Continue reading →

Hiring slows and unemployment rises, boosting odds of Fed rate cut

By | | Uncategorized
Comments Off on Hiring slows and unemployment rises, boosting odds of Fed rate cut

Employers added 227,000 workers to their payrolls in November, but with 7.1 million Americans out of work the unemployment rate is back up to 4.2 percent. Continue reading →