As the market had anticipated, the Federal Reserve’s Federal Open Market Committee left the federal funds target range unchanged Wednesday at its January meeting.
Tag: Mike Fratantoni
MBA Chart of the Week: Monthly Payroll Growth
The economy is growing, but unevenly, and employers certainly appear to be cautious about adding additional workers, as evidenced by the still very slow hiring rate in the recent JOLTS data.
Employment Growth Rate Slows; Industry Economists Weigh in on Latest Jobs Data
The pace of employment growth slowed in December to 50,000, in line with the average pace of 49,000 for all of 2025, the U.S. Bureau of Labor Statistics reported Friday.
Delayed GDP Report Finds 4.3% Growth in 3Q
Real gross domestic product increased at an annual rate of 4.3% in the third quarter, the U.S. Commerce Department’s Bureau of Economic Analysis reported last week.
Unemployment Rate Rises; Industry Economists Weigh in on Latest Jobs Data
The delayed report released Dec. 16 by the Bureau of Labor Statistics showed 64,000 jobs were added in November, with the unemployment rate up slightly to 4.6%.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee cut the federal funds rate target by 25 basis points on Dec. 10.
Delayed September Jobs Report Shows 119,000 Gained; Industry Economists Weigh In
The Bureau of Labor Statistics Nov. 20 released jobs data for September, delayed because of a lapse in federal appropriations during the government shutdown. The report found total nonfarm payroll employment grew by 119,000 in the month.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Oct. 29.
MBA Forecast: Total Single-Family Mortgage Originations to Increase 8% to $2.2 Trillion in 2026
The Mortgage Bankers Association announced at its 2025 Annual Convention and Expo that total single-family mortgage origination volume is expected to increase to $2.2 trillion in 2026 from $2.0 trillion expected in 2025.
MBA Forecast: Total Single-Family Mortgage Originations to Increase 8% to $2.2 Trillion in 2026
The Mortgage Bankers Association announced at its 2025 Annual Convention and Expo that total single-family mortgage origination volume is expected to increase to $2.2 trillion in 2026 from $2.0 trillion expected in 2025.