remains
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US Mortgage
Risk of US recession remains, warns former Fed official
“I think we underestimated the extent of the fiscal stimulus that went on,” said Hoenig. Despite inflation rising to 3.2%…
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US Economic
Initial jobless claims edge up as labor market remains strong
New claims for jobless benefits rose to 217,000 last week, yet they remained below the pre-pandemic level where they have…
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US Economic
Canada’s job market remains resilient, adding 64,000 jobs
The Canadian economy remained resilient in September, adding 64,000 jobs as the unemployment rate was unchanged at 5.5%, according to…
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US Mortgage
Homeownership remains a distant dream for many Americans – survey
Among those hoping to buy a home in the next few years, affordability of monthly payments (69%), the right size…
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US Economic
Initial jobless claims inch up, yet labor market remains tight
Initial jobless claims inched up by 2,000 last week to 232,000, slightly below expectations, according to the Labor Department…
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US Economic
Inflation remains sticky in April, rising by 4.9% over a year ago
Strong demand for transportation and gasoline in April bolstered by rising incomes and excess savings showed that inflation, while…
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US Economic
Hiring in U.S. remains robust in April as the jobless rate falls to 3.4%
We have made the case over the past few months that resilience rather than recession is a more apt…
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US Mortgage
Applications decrease as mortgage demand remains sensitive to rates
Mortgage applications fell 8.8%, prompting a pullback in application activity, according to the Mortgage Bankers Association’s latest survey for the…
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US Economic
Why the dollar remains the world’s reserve currency, and will stay that way
Recent talk that China, India and Russia are settling purchases of oil in non-dollar denominations has generated speculation that…
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