Source Data: REUTERS - Finance - US banks' commercial real estate loan worries linger after latest tumble July 3 (Reuters) - Several U.S. regional and mid-sized banks continue to face the squeeze from high exposure to the commercial real estate (CRE) sector that has been roiled by higher-for-longer interest rates and empty office buildings. On Wednesday, First Continue Reading
FREDDIE MAC | Housing & Mortgage Market Outlook – June 2024
Source Data: Freddie Mac - Outlook & Forecast - JUNE 2024 Outlook "We expect the U.S. economy to continue to moderate as consumers adjust their spending in response to higher interest rates. In our baseline scenario, we expect a slowdown in employment, accompanied by a modest uptick in the unemployment rate. As inflation remains above the Federal Reserve’s target rate Continue Reading
