The real gross domestic product increased at an annual rate of 2.8% in the second quarter of 2024, per the “advance” estimate released by the U.S. Bureau of Economic Analysis.
Tag: Mike Fratantoni
U.S. Economy Adds 206,000 to Payroll in June
Total nonfarm payroll employment was up by 206,000 in June, and the unemployment rate was at 4.1%, per the U.S. Bureau of Labor Statistics.
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.
Fratantoni to Share Market Outlook at MBA Secondary & Capital Markets Conference & Expo May 20
Arm yourself with the information you need to achieve your business and performance goals. Make plans to be in New York City at MBA’s Secondary & Capital Markets Conference & Expo May 19 – 22.
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.
MBANow: MBA’s Chief Economist Mike Fratantoni Discusses the Economy and Mortgage Market
MBA Chief Economist Mike Fratantoni shares his outlook for the economy and mortgage market in a new MBA Now video.
Statement of MBA’s Michael Fratantoni Before the House Financial Services Subcommittee on Housing and Insurance
Mike Fratantoni, MBA’s Chief Economist and SVP of Research and Industry Technology, testified yesterday at a hearing titled, “The Characteristics and Challenges of Today’s Homebuyers” before the Committee on Financial Services Subcommittee on Housing and Insurance.
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.