U.S. Employers Add 216K Jobs, Sign of Strength

Experts say there’s never been a wider gap between the underlying health of the economy and public perception.

Mortgage Rates Back up Toward Recent Highs After Upbeat Economic Data

Wednesday saw mortgage rates recover toward the lower recent levels in response to economic data that wasn't as upbeat as recent examples.  That's important because the Fed's treatment of rates and rate momentum itself is repeatedly characterized as "data dependent." We have no reason to doubt

Long-Term Mortgage Rates Edge Higher, Snapping Slide

This week, Freddie Mac reported a slight increase on the average rate on a 30-year mortgage, to 6.62% from 6.61%.

Federal Reserve Minutes Show Officials Cautious About Rate Cuts

Minutes from the Fed’s December meeting show officials felt the economic outlook was uncertain and further hikes were still “possible.”