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.