But an overall weakening labor market could include a silver lining for real estate as it puts downward pressure on mortgage rates
Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the US economy than inflation
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
With job market stable and the economy chugging along, bets placed by futures market investors suggest the odds of a September rate cut have dropped to less than even
The report beat analyst expectations by 37K jobs, curtailing hopes of a short-term rate cut in July. Economists say rates will likely stay elevated, keeping homebuyers sidelined
Investors who fund most home loans are now convinced that the Federal Reserve won't cut rates again until June after employers add 256K jobs and unemployment falls to 4.1%
Numbers suggest that the labor market cooled off much faster than previously thought. The Federal Reserve now has a case to make a bigger cut in interest rates come September
Jobs reports trigger recession fears, sending rates on 30-year fixed-rate mortgages plunging to new 2024 lows as investors rotate out of stocks and into bonds and MBSs that fund home loans
Key Fed inflation metric expected to drop June 28 following unexpected decline in May wholesale prices and jump in weekly jobless claims to 242K workers, highest level since August 2023
Employers added 353,000 workers to their payrolls in January, a 'head scratching' jobs report from the Labor Department that kills prospects for a March rate cut 'stone dead,' economist says
Employers added 199,000 workers to their payrolls in November, a sign that the economy may achieve a soft landing but making Fed spring rate cuts less likely
After breaching 8% in mid-October, 30-year fixed mortgage rates have plummeted to levels not seen since September as more investors expect Fed policymakers to lower rates in the spring
Mixed payroll and unemployment report sends long-term interest rates surging, but some analysts say the latest numbers reduce the odds of a September Fed rate hike
Home transactions may be down, but you wouldn't know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the US Bureau of Labor Statistics
In a positive sign for the real estate industry — and the spring homebuying season — pending home sales rose in December for the first time since May 2022, increasing 2.5% from November