Is the economy in a recession? Top economists weigh in

‘We should have an objective definition’ Officially, the NBER defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few…

Mortgage rates are surging faster than expected, economists lower home sales forecasts

A home is offered for sale on January 20, 2022 in Chicago, Illinois. Scott Olson | Getty Images The average rate on the popular 30-year fixed mortgage hit 4.72% Tuesday,…

Pending home sales surge higher, but economists warn that the housing market could ‘soon hit bottom’

The numbers: A lot more People in america signed on the dotted line to buy a household previous thirty day period, but the components that have tested the nation’s housing…