August
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US Economic
Job openings surge unexpectedly in August
Job openings defied expectations in August, rising to 9.6 million, mostly from a sharp increase of 409,000 in professional and…
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US Mortgage
Housing affordability declines in August – report
“If mortgage rates shift lower in 2024 as we anticipate, the combination of rising inventory levels and lower rates should…
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US Mortgage
Existing-home market crawls to a standstill in August
“Home sales have been stable for several months, neither rising nor falling in any meaningful way,” NAR chief economist Lawrence…
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US Economic
August retail sales and producer inflation show a hot summer finish
The U.S. economy ran hotter than expected in August even as the momentum in spending slowed down. Retail sales and…
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US Economic
Soft landing likely as Canada added 40,000 jobs in August
A look at August’s job report reveals clear signs of a soft landing. Canada added 40,000 jobs, smashing expectations, and…
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US Economic
Contraction in manufacturing eased in August
The contraction in manufacturing sector eased in August, fueled by record spending on new plants in July. The data adds…
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US Mortgage
August sees “strong purchase demand” for new homes, says MBA
Kan said the robust demand was driven by a shortage in existing for-sale inventory as most homeowners are “locked into…
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US Mortgage
US inflation rises in August
US inflation rises in August | Mortgage Professional Market Updates Is another Fed increase on the way? The US inflation…
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US Mortgage
APM Elevate: August 2023
REACH YOUR GOALS Tell Your Home It’s Payback Time With a HELOC Even if you bought your home recently, property…
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