The unemployment rate increased in February for the first time since last summer, the Bureau of Labor Statistics reported Friday. But it remains low by historical standards at 3.9%.
Tag: Joel Kan
MBA Chart of the Week: Job Openings for Selected Industries
Last week Fed Chair Jay Powell testified to Congress that as “labor market tightness has eased and progress on inflation has continued, the risks to achieving our employment and inflation goals have been moving into better balance.”
Mortgage Credit Availability Increased in February
Mortgage credit availability increased in February according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
Economic Outlook: ‘Some Momentum’ Going into 2024–#MBAServicing24
ORLANDO–The U.S. economy was stronger in 2023 than most analysts expected, according to Joel Kan, Vice President and Deputy Chief Economist with the Mortgage Bankers Association.
MBA: January New Home Purchase Mortgage Applications Increased 19.1% YoY
The Mortgage Bankers Association’s Builder Application Survey for January 2024 shows mortgage applications for new home purchases increased 19.1% compared to a year ago.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.3 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 9, 2024.
MBA: Mortgage Credit Availability Increased in January
Mortgage credit availability increased in January, according to the Mortgage Credit Availability Index, a Mortgage Bankers Association report that analyzes data from ICE Mortgage Technology.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.7% from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Feb. 2, 2024.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 7.2% from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 26, 2024.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Jan. 19, 2024. The results include an adjustment to account for the MLK holiday.