Mortgage rates continue descent as Fed hints at September rate cut
Fed policymakers are acknowledging that while they're determined not to cut rates until inflation is tamed, they're also worried about waiting too long and throwing the economy into a tailspin
by Matt Carter Jul 31
Housing inventory is roaring back to life. So why aren't new listings?
Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what's working in the latest polling from Inman Intel
by Jim Dalrymple II Jul 24
Housing inventory is climbing back. So why are leads still lagging?
Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what's working in still-tight markets in new responses from the Intel Index survey
by Jim Dalrymple II Jul 15
Mortgage rates retreating from 7% on 'massive' revision to jobs report
After spiking in the wake of the June 27 presidential debate, mortgage rates are trending down again on mounting expectations that the Federal Reserve will start cutting rates in September
by Matt Carter Jul 5
Mortgage rates are spiking on Friday's blowout jobs report
Employers added 272,000 jobs in May, far exceeding the consensus view among economists that payrolls would rise by 180,000 and the average of 232,000 over the past year
by Matt Carter Jun 7
Mortgage rates retreat as wave of data suggests economy is cooling
In less than a week, a series of reports has changed the outlook for the timing and magnitude of future Fed rate cuts, sending mortgage rates into a 5-day tailspin back below 7%
by Matt Carter Jun 5
Mortgage rates ease for 3rd day in a row on soft April jobs report
Rates have been in retreat as bond market investors who fund most mortgage loans react to the latest economic news and scaleback in 'quantitative tightening' by Fed policymakers
by Matt Carter May 3
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