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government

StLouis Fed

Teaching About Government Budget Deficits Bring FRED into the Classroom

October 1, 2023 Mariel Alumit Comments Off on Teaching About Government Budget Deficits Bring FRED into the Classroom

Focus on the Federal Budget Deficit This handout provides instructions on building the graph below and includes writing prompts for out-of-class assignments. From the FRED Blog The post “The federal budget balance as a fraction […]

government
Economy

What a government shutdown or default could mean for home buying

May 24, 2023 Mark Paul Cervantes Comments Off on What a government shutdown or default could mean for home buying

President Biden and House Speaker Kevin McCarthy, Republican of California, have locked horns over the $31.4 trillion debt ceiling. If Congress refuses to raise it, it could force the government to shut down and risk default […]

housing
Housing Bubble

COVID-19’s housing crisis hit many Asians in the US hardest – but only after government aid began flowing

March 2, 2023 Mark Paul Cervantes Comments Off on COVID-19’s housing crisis hit many Asians in the US hardest – but only after government aid began flowing

People of Asian descent living in the U.S. experienced an increase in housing vulnerability in 2021 – as measured by the share who said they had fallen behind on their rent or mortgage payments – […]

Weely Real Estate News

Three things government could do to support the housing market now

February 9, 2023 Mariel Alumit Comments Off on Three things government could do to support the housing market now

The post Three things government could do to support the housing market now appeared first on Weekly Real Estate News.

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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