Unemployment Rate Plunges as Job Market Greatly Improves This Year
This week, the latest labor market report came out, reflecting a plunging unemployment rate and massive job gains.
Economic Shutdown This Year Fuels GDP Decline Despite the Recovery
With the recent economic shutdown, mortgage rates dropped slightly to new record-low levels this week, alongside declining GDP.
Consumer Spending Surges Again with Tremendous Retail Sales
As consumer spending surges again, retail sales also faced a tremendous week. However, investors focused on the spreading coronavirus.
Coronavirus Pandemic Now Inspires Plummeting Inflation Alongside Reduced Activity
While the stock market posted nice gains this week, mortgage markets stayed relatively quiet despite the coronavirus pandemic.
Coronavirus Dominated Financial Markets in New Ways This Week
Once again, the coronavirus dominated financial markets this week. In doing so, markets posted nearly unprecedented daily movements.
Coronavirus Impact on Mortgage Rates Still Up in the Air
COVID-19 quickly expanded around the world, but the coronavirus impact on mortgage rates still remains up in the air.
World Places Focus on Coronavirus as Cases Rise Globally
With Super Tuesday and the key monthly Employment report on the schedule, the world places focus on the coronavirus pandemic.
Stocks Plunge Amidst Latest Coronavirus Concerns in 2020
This week, stocks plunged amidst the latest concerns regarding the coronavirus pandemic while investors shifted their to less risky assets.