Economists now less certain 2024 will bring much mortgage rate relief
Fed's ‘higher for longer’ rate strategy could keep home sales from rebounding in 2024 or limit the strength of a recovery, according to two closely followed forecasts by MBA, Fannie Mae
by Matt Carter Oct 17
Interest rates surge again on surprisingly strong jobs report
Employers added 336,000 jobs in September, the biggest jump since January, raising the odds that the Fed will pursue 'higher for longer' rate strategy to get inflation under control
by Matt Carter Oct 6
Mortgage rates hit new 2023 high on strong economic data
Strong jobs numbers and GDP growth have bond market investors convinced it's all but certain the Federal Reserve will resume rate hikes this month
by Matt Carter Jul 6
Good news about economy could send mortgage rates back up
Surprising employment and GDP numbers have investors buying stocks and selling bonds over worries that Fed policymakers will continue hiking rates to combat inflation
by Matt Carter Jun 29
Latest jobs numbers take pressure off wages — and mortgage rates
The real estate industry got 2 kernels of good news in the latest jobs numbers from the US Bureau of Labor Statistics
by Daniel Houston Mar 10
Real estate jobs hold strong even as sales slip, summer ends
Real estate hiring bucked seasonal expectations for September, reflecting steady payrolls despite a weakening sales environment, according to new data from the US Bureau of Labor Statistics
by Daniel Houston Oct 7
Amid market jolt, hiring continues in residential development sector
Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures
by Daniel Houston Jun 3
Homebuyer sentiment ticks up for the first time since March
Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale
by Matt Carter Sep 7
Overhead view of design team having project meeting in office
An underwhelming jobs report held optimism for real estate firms, which hired faster in August as the Delta variant slowed recovery elsewhere
by Daniel Houston Sep 3
Inflation concerns not reflected in latest mortgage rate survey
A weekly Freddie Mac survey doesn't fully reflect new data that's pushed rates up this week on inflation worries
by Matt Carter May 13
Why the COVID-19 crisis isn't like 2008
Opinion
Will this year's recession be as bad as — or worse than — the Great Recession? To understand the answer, we have to look at some key differences
by Brian Mullins Apr 15
The week in financial markets: Fed going higher, mortgages holding
Opinion
An old friend used to say that the Fed’s job was to carry an immensely valuable crystal orb balanced on a flat silver tray without edges, while refereeing a hockey game
by Lou Barnes May 4
Freddie Mac’s San Francisco market index rises annually, falls monthly
Report uses purchase applications, payment-to-income, employment and mortgage health to measure markets
by Jennifer Riner Sep 9
Freddie Mac's Miami market index shows no monthly movement
Report uses purchase applications, payment-to-income, employment and mortgage health to measure markets
by Jennifer Riner Sep 9
Freddie Mac's LA market index scores high for stability
Report uses purchase applications, payment-to-income, employment and mortgage health to measure markets
by Jennifer Riner Sep 9