Payrolls declined in July and previous gains were revised sharply lower, giving the Fed breathing room while raising new concerns about borrower confidence and mortgage-industry employment
What it means for mortgage pros as Powell talks further cut likeliness, Fed neutrality, his future at the central bank, and more
Rising concerns over home affordability and job security continue to weigh on consumer outlook
Civil rights and disaster recovery programs expected to take massive hit
Stronger-than-expected job growth signals steady economic resilience, extends horizon for likely next rate cut
Zillow's forecast for 2025's hottest housing markets highlights the Northeast and Midwest
Uptick in unemployment could boost odds of Fed rate cut
The GSE cited stronger-than-expected job gains in the August employment report and sizable upward revisions to personal income data
Leading to 'crushed' expectations of another significant rate cut
BLS forecasts 25-basis point cut later this month