March Jobs Report Continues Strong Trend

U.S. employers added 431,000 jobs in March, the Bureau of Labor Statistics reported Friday, while the nation’s unemployment rate fell to 3.6 percent.

MBA Chart of the Week Mar. 18 2022: Consumer Inflation Expectations

Inflation as measured by the Consumer Price Index reached an annual rate of nearly 8% in February. Over the past 12 months, inflation has increased steadily from less than 2% to 7.9%, compared to an average just under 2% in the five years prior.

February Existing Home Sales Drop 7.2%

Existing home sales continued their yo-yo pattern, falling by 7.2 percent in February amid a stifling lack of inventory, the National Association of Realtors reported Friday.

MBA Chart of the Week Mar. 18 2022: Consumer Inflation Expectations

Inflation as measured by the Consumer Price Index reached an annual rate of nearly 8% in February. Over the past 12 months, inflation has increased steadily from less than 2% to 7.9%, compared to an average just under 2% in the five years prior.

Fed Approves 1st Rate Hike in 4 Years

The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time since 2018, marking a new approach to rising inflation and other economic pressures.