Economy

The OCC released the fourth quarter 2024 mortgage metrics report, which showed that 97.3% of first-lien mortgages in the federal...

Mentions of "recession" and "tariff" in Google search have surged, reflecting growing market uncertainty.

The cumulative trading revenue of U.S. commercial banks and savings associations was $14.8 billion in the fourth quarter of 2024,...

Nearly three in four first-time homebuyers feel optimistic about the current housing market, with nearly half saving for a down...

Existing home sales rose 4.2% in February to a seasonally adjusted annual rate of 4.26 million, the National Association of...

The rate for a 30-year fixed-rate mortgage was 6.67% this week. The rate for a 15-year fixed-rate mortgage was 5.83%.

The Federal Open Market Committee announced that it will hold the target range for the federal funds at 4.25%-4.5%.

Industrial production increased 0.7% in February from the previous month, the Federal Reserve reported. The February figure was up 1.4%...

Housing starts increased by 11.2% in February from the month prior to a seasonally adjusted annual rate of 1.5 million,...

Builder confidence in the market for single-family homes in March was 39, down three points from the previous month, according...