Total nonfarm payroll employment rose by 353,000 in January, with the unemployment rate flat at 3.7%, the Bureau of Labor Statistics reported Feb. 2.
Tag: Mike Fratantoni
Job Market Grows by 216,000 in December
The job market held steady in December, with growth in payrolls of 216,000 and the unemployment rate unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday.
Jobs Increase in November, Unemployment Rate at 3.7%
Total nonfarm payroll employment increased by 199,000 in November, and the unemployment rate now sits at 3.7%, the U.S. Bureau of Labor Statistics reported.
September Jobs Report Exceeds Expectations
The job market remained quite strong in September, with nonfarm employment increasing by 336,000, the U.S. Bureau of Labor Statistics reported Friday.
Fed Keeps Rates Steady But Options Open
The Federal Open Market Committee held rates steady at its June meeting but kept its options open for July and later this year.
MBASecondary23: As Fed, Banks Step Away from MBS, New Investors Prepare to Play
NEW YORK–The supply of available mortgage-backed securities for purchase in the private market is expected to increase drastically over the next two years.
(#MBAServicing23) Market Outlook: A Few Hurdles Ahead
ORLANDO—The mortgage servicing industry has seen a lot of volatility lately—and that’s not likely to ease up any time soon, said Mortgage Bankers Association economists.
(IMB23) The Mortgage Market: IMB Leaders’ Perspectives
CORONADO, Calif.—With a volatile economic outlook, how are the practitioners—the independent mortgage bankers—approaching 2023 and beyond?
MBA Forecast: Recession Likely in 2023, Mortgage Originations to Decline 9% to $2.05 Trillion
NASHVILLE—The Mortgage Bankers Association said total mortgage origination volume is expected to decline to $2.05 trillion in 2023 from the $2.26 trillion expected in 2022. Purchase originations are forecast to decrease by 3 percent to $1.53 trillion next year, while refinance volume is anticipated to decline by 24 percent to $513 billion.
MBA White Paper: Office Market ‘Likely Changed Forever’
The ongoing tug of war between employers and employees about returning to the office will accelerate as pandemic-related impacts fade, according to a new Mortgage Bankers Association white paper.