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Large financial institutions kicked off the earnings season with some early-year weakness in terms of the volume of housing finance activity, but there were some bright spots in their mortgage results. Some of the margins on loans were…
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“I would say that there is still some unease because of rates fluctuating,” she said. “I think when we kind of settle into a range, then it’s like, ‘OK, this is the new normal – this is what we’re doing.’ But weeks like this week, when it…
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“Recent developments – namely, upside inflation prints, solid labor market data, and easing financial conditions – have clearly diminished the case for commencing rate cuts,” Matthew Luzzetti, chief US economist at Deutsche Bank, said in a…
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