Mortgage refinance demand plunges 14%, as interest rates spike higher
Fast-rising mortgage rates are causing a drop in mortgage demand, especially refinances.
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
Black and Hispanic men experienced a fall in jobless rates in September.
Hospitality and health care were two bright spots for the U.S. labor market in September, according to Friday's jobs report.
Nonfarm payrolls were expected to increase by 150,000 in September, according to the Dow Jones consensus forecast.
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of...
Companies added 143,000 for the month, an acceleration from 103,000 in August and better than the 128,000 consensus forecast