From BLS: Total nonfarm payroll employment edged down by 92,000 in February, and the unemployment rate changed little at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment in health... Read more »
The groups said the existing framework was designed after the financial crisis to strengthen bank resilience. But they argue the mortgage market has changed significantly since then. Reforms such as the Ability-to-Repay... Read more »
Banks currently apply a 250% risk weight to MSRs, while mortgages held on balance sheets generally receive a standard 50% risk weight. While regulators intended these requirements to limit excessive bank concentration... Read more »
J.P. Morgan Chase has thrown a curveball into the financial world, predicting that the Federal Reserve won’t be lowering interest rates anytime soon. In fact, they’re saying no rate cuts at all... Read more »
Mortgage purchase application data 2026 has had the best start to purchase application data in years, with multiyear highs in this index last seen in early 2023, when rates reached 5.99% before... Read more »
It’s the start of a new year, and the Federal Reserve has made its first big move – or rather, no move. In their January 28, 2026 meeting, the Fed decided to... Read more »
The president told reporters about the announcement at the premiere for “Melania,” the film about first lady Melania Trump. Friday’s announcement will end a months-long selection process that has fueled discussion about... Read more »
Let’s cut straight to the chase: barring a truly seismic and unexpected economic shockwave, the Federal Reserve is almost certainly not going to surprise markets with a rate cut today, January 28,... Read more »
It’s the start of a new year, and the Federal Reserve has made its first big move – or rather, no move. In their January 28, 2026 meeting, the Fed decided to... Read more »
As the calendar turns to January 27, 2026, all eyes will be on Washington, D.C., because the Federal Reserve is set to announce its latest decision on interest rates. My take, and... Read more »