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US Mortgage
A mixed bag: Existing-home sales slow, yet prices climb
In terms of housing inventory, there were 1.13 million units available at the end of September, reflecting an 8.1% decrease…
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US Economic
Labor costs slow, setting the stage for smaller Fed rate hike
Labor costs decelerated in the last quarter of 2022, adding to the justification for the Federal Reserve to slow its…
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US Economic
Fed to slow pace of rate hikes to 25 basis points
The easing of inflationary pressures, a slower pace of consumer spending and hiring, as well as moderating of wage increases…
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US Economic
Canada job gains slow in November
The Canadian economy added 10,100 jobs in November, easing some of the concerns over an overheating labor market after a…
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US Economic
When will inflation slow? Pay attention to housing.
A correction in the housing market as mortgage rates reach 20-year highs is underway. While overall price growth has cooled,…
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US Economic
Fed raises its policy rate by 75 basis points as it prepares to slow pace of hikes
The Federal Reserve increased its policy rate by 75 basis points on Wednesday to a range between 3.75% and 4%…
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US Economic
FOMC preview: Policy rate moving higher as Fed may prepare to slow pace of price stability campaign
We expect the Federal Reserve to increase its policy rate by 75 basis points to a range of 3.75%-4% when…
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US Mortgage
US home price growth continues to slow
US home prices in August experienced their lowest year-over-year appreciation since April 2021, according to the latest CoreLogic Home Price…
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US Economic
Retail sales slow in March as inflation takes a toll
March’s retail sales posted weaker growth than forecast as red-hot inflation continued to drag sales volume lower, adding downside risks…
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US Economic
September jobs report preview: Expect the recall of workers to slow
We expect a net gain of 850,000 in total employment when the jobs report for September is released on Friday.…
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