Mortgage Rates Fairly Flat Despite Bond Market Volatility
Over time, mortgage rate movement lines up almost perfectly with movement in the underlying bond market, but there can be…
Tag: market
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s…
What’s likely to move the market in the next trading session
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look…
Major jobs revision today could show the labor market is weaker than previously thought
The latest jobs report points to a labor market that’s faltering, but the slowdown may have begun much earlier. Economists expect…
New Home Market Remains Stuck in Neutral
The latest New Home Sales report showed little change in July, with sales holding very close to June’s pace. The…
Fed’s Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March…
Mortgage Rates Mostly Steady Despite Some Market Volatility
Mortgage rates hit fresh long term lows yesterday with the average top tier 30yr fixed rate at the best levels…
Existing Home Market Still Crawling Along The Bottom Despite Modest Bounce
After sliding back in June, existing-home sales picked up in July. The latest update, released August 21, shows a modest…
Pending Home Sales Slip Again, Underscoring Market Stagnation
The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has remained rangebound for more…
Buyers See More Choices, Lower Prices in New Home Market
The latest New Home Sales report (released today) shows a slight uptick in June after last month’s sharp drop. The…