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Articles in "The Economy"
The housing market should continue its gradual recovery this year but plenty of uncertainty remains, according to economists from the Mortgage Bankers Association.
That uncertainty comes from multiple sources, including the European crisis and Middle East unrest and a...
Payment on a conventional mortgage for a median-priced home now represents just 12% of median-family income; the lowest percentage since records began in 1971, according to data from the Fiserv...
Despite bad news on the jobs front Friday, more Americans believe home prices and opportunities for buyers and sellers will increase over the next 12 months, Fannie...
Despite bad news on the jobs front Friday, more Americans believe home prices and opportunities for buyers and sellers will increase over the next 12 months, Fannie...
A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:
As they witness a steady flow of new and existing households in and out of the ownership market, housing analysts at Bank of America...
Analysts at Barclays Capital conclude that the housing market is no longer a drag on the economy.
“Based on recent macroeconomic data, paired with the latest round of homebuilder results, we are more bullish on housing and the fundamentals of the homebuilders,” they say...
Analysts at Barclays Capital conclude that the housing market is no longer a drag on the economy.
“Based on recent macroeconomic data, paired with the latest round of homebuilder results, we are more bullish on housing and the fundamentals of the homebuilders,” they say...
Weaker April jobs growth figures do not bode well for policymakers who would like to see economic improvements in the near future, economists said Friday.
Analysts with Capital Economics said business surveys for the month of April indicate the global economy...
The meltdown of the U.S. housing finance system resulted from overly optimistic views on home prices as opposed to a type of gross negligence in the mortgage industry, a new Federal Reserve Bank of Boston report concluded.
The report attacks...
The U.S. economy added 115,000 jobs in April as the unemployment rate remained mostly unchanged at 8.1%, the U.S. Bureau of Labor Statistics said Friday.
April's job growth rate is significantly lower than the 154,000 jobs added in March (revised from 120,000) and the 259...
The U.S. economy added 115,000 jobs in April as the unemployment rate remained mostly unchanged at 8.1%, the U.S. Bureau of Labor Statistics said Friday.
April's job growth rate is significantly lower than the 154,000 jobs added in March (revised from 120,000) and the 259...
Fixed mortgage rates hit new all-time lows this week as anemic economic growth and inflation took rates to unheard depths.
The Freddie Mac survey showed the 30-year, FRM averaged 3.84% for the week ending Thursday — the lowest rate ever recorded — inching down from the...
Fewer people applied for unemployment last week as the economy continued its slow recovery.
Seasonally adjusted initial jobless claims declined by 27,000 for the week ended April 28 to 365,000, down from the previous week's revised figure of 392,000.
The numbers take claims back to...
Residential construction spending rose modestly in March from February, but continued its trend of year-to-year growth.
The Commerce Department reported Tuesday that the seasonally adjusted annual measure rose 0.7% to $251.2 billion from $249.5 billion a month earlier....
Real gross domestic product increased at an annual rate of 2.2% in the first quarter of 2012, according to the Bureau of Economic Analysis.
In the fourth quarter of 2011, real GDP increased 3%. Despite the slowdown, economist are still positive that the current economic...