Recession
Latest Posts
U.S. GDP plunges a record 32.9% as jobless claims rise
Jul 30, 2020The U.S. economy contracted a record 32.9% in the second quarter, the Commerce Department said on Thursday, while a separate report showed jobless claims rising for the second consecutive week as the COVID-19 pandemic spins out of control.
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Senate committee approves Trump advisor Judy Shelton for Fed board
Jul 21, 2020 -
Mortgage lending set to top $3 trillion as mortgage rates tumble
Jul 21, 2020 -
1.3 million Americans file jobless claims
Jul 16, 2020 -
As COVID spreads, economists predict trouble for mortgage industry
Jul 07, 2020 -
National mask order could prevent lockdown redux, Goldman Sachs says
Jun 30, 2020 -
Sales of new houses spike in May on low rates
Jun 23, 2020 -
Fannie Mae sees record-low mortgage rates through 2021
Jun 15, 2020 -
Mortgage forbearances fall for the second straight week
Jun 12, 2020 -
Mortgage rates tumble to an all-time low
Jun 12, 2020 -
Jobless claims fall to 1.5 million as states process backlogs
Jun 11, 2020 -
Fed pledges to maintain current pace of MBS purchases
Jun 10, 2020
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