Mortgage Rates Fall After Fed Commits to Buy Mortgage-Backed Securities
Mortgage rates fell after a wild week, thanks in large part to the Federal Reserve committing to purchase large amounts of mortgage-backed securities.
Zillow Market Pulse: June 10, 2020
Inflation fell, but signs of a rebound in consumer spending are emerging. The Fed will keep rates steady, now and for the foreseeable future.
Newly Unemployed Service Workers Owe More Than $1.7 Billion in Monthly Housing Payments
More than 25% of the total housing payments due from U.S. food service workers is owed by those who are newly unemployed during the coronavirus pandemic.
Zillow Market Pulse: June 9, 2020
The job market is steadying, but remains badly wounded. Changes to a yet-to-launch Federal Reserve small/mid-size business loan program could help.
Zillow Market Pulse: June 8, 2020
Don't tell Wall Street Main Street is hurting -- stock indices are back where they were at the start of the year. Consumer confidence is coming back, too.
Zillow Market Pulse: June 5, 2020
The job market surprised virtually everyone and managed to add 2.5 million jobs in May. But under the hood, the numbers are still frightening.
Zillow Weekly Market Report: Data Through May 30, 2020
After growing since mid-April, newly pending sales and new listings fell last week. The slowdown could have been driven by the Memorial Day holiday.
Zillow Market Pulse: June 4, 2020
Purchase mortgage applications continued a stunning recovery. And two separate reads of labor market and service-sector "strength" have strings attached.
Experts: Spring’s Missing Home Sales Will be Added to Coming Years
Almost half of experts surveyed by Zillow expect the U.S. recovery to follow a 'U' shape, with a recession lasting several quarters.
Zillow Market Pulse: June 3, 2020
Purchase mortgage applications continued a stunning recovery. And two separate reads of labor market and service-sector "strength" have strings attached.
