Zillow Market Pulse: August 28, 2020
The Federal Reserve adjusted its inflation targeting policy, a move that will likely benefit employment in the next economic expansion.
News
Mortgage Rates Fall After FHFA Fee is Delayed to December 1
Mortgage rates fell after FHFA announces it will delay its new 0.5-percentage-point fee on some refinances, to December 1.
Zillow Market Pulse: August 26, 2020
The housing market continues to ride a strong wave of positive momentum but consumer confidence is waning and findings are emerging that once-temporary job losses are becoming longer-lasting.
Zillow Market Pulse: August 24, 2020
Monthly rental payment rates are holding up but small businesses have a varied outlook with half saying business is back to pre-pandemic levels while 21% will close if economic conditions do not improve.
Zillow Market Pulse: August 21, 2020
July home sales numbers continued the stellar pace set in June, skyrocketing to their highest monthly total since 2006 but the labor market continues to struggle.
Mortgage Rates Rise to New Baseline After FHFA Announcement
Mortgage rates rose sharply over the last seven days as a result of the FHFA's announcement that will apply 0.5% fee to all mortgage refinance loans.
Zillow Market Pulse: August 19, 2020
Home activity remains strong as homebuilders try to address inventory shortage but the decelerating labor market recovery could give optimistic homebuyers pause.
Zillow Market Pulse: August 17, 2020
Homebuilders appear extremely confident that improving new home sales figures will continue into the fall while renters are struggling to pay rent.
Zillow Market Pulse: August 12, 2020
Today’s release of July inflation data quell any thoughts that the pandemic is going to deflate consumer demand enough to send the economy into a deflationary downfall.
Zillow Market Pulse: August 14, 2020
Retail sales increased for the third straight month, but the pace of their recovery has slowed noticeably.
