Fed Holds Rates Steady

The Federal Reserve held rates steady Wednesday and now projects only one rate cut in 2024.

Fed Holds Rates Unchanged May 1

The Federal Reserve held rates steady at its meeting ended May 1, as data regarding the strength of the economy and stubbornly high inflation have resulted in a shift in the timing of any rate cuts.

U.S. Adds 303,000 Jobs in March

Total nonfarm payroll employment grew by 303,000 in March, per the U.S. Bureau of Labor Statistics.

Fed Holds Rates Steady; Signals Cut Later

The Federal Reserve’s Federal Open Market Committee held rates unchanged at its March meeting and continued to signal its next move will be a rate cut.

MBA’s Michael Fratantoni Provides Market Outlook, Notes ‘It’s Not 2008’

WASHINGTON–The industry has plentiful challenges, but is in a very different spot than during the Great Recession, said Michael Fratantoni, Mortgage Bankers Association Chief Economist and Senior Vice President of Research and Industry Technology, here at the National Advocacy Conference.

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 5.6% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Feb. 23, 2024.