Economic research

Mortgage rates drop to 3.89% amid geopolitical uncertainty

Freddie Mac Mortgage Rates – February 24, 2022 What happened to mortgage rates this week: Freddie Mac’s fixed rate for a 30-year loan fell this week as geopolitical uncertainty weakened 10-year Treasury yields. The rate on a 30-year loan registered 3.89%, down 3 basis points from last week’s peak. As the world reacts to developments […]

Economic policy

What the Fed’s New Economic Policy Means for Mortgage Rates

Mortgage rate forecasts changed after the last meeting of the Federal Open Market Committee (FOMC) last week. Here’s what you need to know. (iStock) The Federal Open Market Committee (FOMC) met earlier this month to discuss changes to the Federal Reserve’s economic policy amid record high inflation. Some of these policy updates will have a […]

Economic research

New home sales rise as inventory improves

November 2021 New Home Sales What happened this month: New home sales rose for the third consecutive month in November as still-low mortgage rates prompted buyers to close ahead of the winter holidays. However, October sales figures were revised down, indicating slower than expected activity. A total of 744,000 new homes were sold during the […]

Economic research

The Federal Reserve accelerates the reduction of asset purchases

The Federal Open Market Committee today was expected to disclose a more rapid reduction in asset purchases and a possible indication of a near-term rate hike date. The announcement confirmed that the Federal Reserve would reduce its purchases of Treasuries and mortgage-backed securities at a faster pace, given continued strength in employment and accelerating inflation. […]

Economic research

The BSU Center for Business and Economic Research publishes its forecast for 2022

MUNCIE, Ind. — Consumers in east-central Indiana and across the country are getting serious about spending this holiday season, burning through savings accrued from pandemic shutdowns and the government largesse that comes with them. But economists who presented Thursday at the Ball State University Center for Business and Economic Research’s annual economic outlook said the […]

Economic research

Mortgage rates drop slightly as labor shortage continues

Freddie Mac Mortgage Rate December 9, 2021 What happened to mortgage rates this week: Freddie Mac’s fixed rate for a 30-year loan fell 1 basis point to 3.10% this week, marking the fourth straight week of mostly sideways movement. Investors reacted to job vacancies report, pointing to widespread labor shortages likely to put upward pressure […]

Economic research

New home sales held steady in October

October 2021 New Home Sales What happened this month: Sales of new homes was little changed in October, up just 0.4% from the revised September figure, with monthly gains in the Midwest (+11.0%) and South (+0.2%) offsetting declines in the Northeast (-11.8%) and West (-1.1%) . New home sales fell 23.1% from the level of […]

Economic research

Mortgage rates erase gains amid mixed economic signals

Freddie Mac Mortgage Rate November 4, 2021 What happened to mortgage rates this week: the Freddie Mac The fixed mortgage rate for a 30-year loan erased last week’s gain, falling 5 basis points to 3.09% as investors continue to assess mixed economic signals ahead of the jobs report. Friday. Private hiring data suggests that the […]

Economic research

September jobs report good, but below expectations

What happened in the September jobs report? Employers added 194,000 net new jobs to payrolls according to the September jobs report released today, a positive total but below expectations. Compensating for this disappointing total somewhat, historical data has been revised upwards so that an additional 169,000 jobs have been added to the previously released July […]

Economic research

household wealth – Realtor.com Economic Research

household wealth – Realtor.com Economic Research September 24, 2021 To keep up with the rapid changes COVID-19 is causing in the economy and housing market, the economics team at realtor.com® provides a weekly blog and video update on relevant real estate and economic information you need to know. to navigate the housing market. in these […]

Economic research

household formation – Realtor.com Economic Research

September 17, 2021 To keep up with the rapid changes that COVID-19 is causing in the economy and the housing market, the The economics team of realtor.com® provides a weekly blog and video update on the relevant real estate and economic information you need to know to navigate the housing market in these difficult times. […]

Economic research

construction spending – Realtor.com Economic Research

September 3, 2021 To keep up with the rapid changes COVID-19 is causing in the economy and housing market, the economics team at realtor.com® provides a weekly blog and video update on relevant real estate and economic information you need to know. to navigate the housing market. in these difficult times. This week, Economic Research […]

Economic research

Mortgage rates are roughly stable at 2.87%

Freddie Mac Mortgage Rate August 26, 2021What happened this week: Mortgage rates rose just 1 basis point to 2.87% in data this week from Freddie Mac, marking the third consecutive week of relative stability. As the stock market hits new highs and investors continue to digest the minutes of the Fed’s July meeting while awaiting […]

Economic research

house building – Realtor.com Economic Research

Real estate markets have undergone extraordinary changes over the past year as the global pandemic has dominated business activity and headlines, and restricted the daily lives of most people. Through the ups and downs of COVID, housing markets have provided refuge from crosswinds. For most Americans, homes have become not only shelters, but have also […]

Economic research

consumer prices – Realtor.com Economic Research

February 11, 2022 the The Realtor.com® Economics Team weekly video update gives you the relevant economic and real estate information you need to navigate the housing market as a buyer, seller or industry professional. This week, Economic Research Director George Ratiu discusses the latest data highlighting signs of a post-pandemic future. Economic momentum continues, leading […]

Economic research

Small Business Index – Realtor.com Economic Research

November 12, 2021 VIDEO TRANSCRIPTION: I am Danielle Hale, Chief Economist for Realtor.com® and here’s what you need to know. With COVID cases stable across the country and increasing in some areas, states continue to experiment. In Colorado, for example, the governor declared all adults eligible for booster shots. Meanwhile, it is estimated that nearly […]

Economic policy

Inflation Fears, Economic Policy, and the Future of the United States – OpEd – Eurasia Review

By Mark Weisbrot* Larry Summers says he’s worried about the US economy, even more so than he was when he started sounding the alarm bells in February. The famous economist and former US Treasury Secretary noted last week, “the concern right now should be overheating”. He is not talking about the climate, but about the […]

Economic research

Federal Open Markets Committee – Realtor.com Economic Research

What the March Fed statement says: With inflation concerns in the background, today’s Federal Open Market Committee announced the first increase in the federal funds rate, to a range of ¼ to ½ percent. Today’s rise comes nearly two years to the day after the Fed cut rates to zero and began its final purchases […]

Economic research

housing finance – Realtor.com Economic Research

What the March Fed statement says: With inflation concerns in the background, today’s Federal Open Market Committee announced the first increase in the federal funds rate, to a range of ¼ to ½ percent. Today’s rise comes nearly two years to the day after the Fed cut rates to zero and began its final purchases […]