Jobs Up by 187,000; Unemployment Rate Flat in July

Total nonfarm payroll employment was up by 187,000 in July, and the unemployment rate remained fairly flat at 3.5%, the U.S. Bureau of Labor Statistics reported.

MBA Weekly Survey July 12, 2023: Applications Increase

Mortgage applications increased 0.9 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 7, 2023.

MBA Weekly Survey July 12, 2023: Applications Increase

Mortgage applications increased 0.9 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 7, 2023.

MBA Weekly Survey July 12, 2023: Applications Increase

Mortgage applications increased 0.9 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 7, 2023.

Quote: July 11, 2023

“Mortgage credit availability was essentially unchanged in June, remaining close to the lowest level since early 2013, as the industry continues to operate at reduced capacity.” –Joel Kan, MBA Vice President and Deputy Chief Economist.