Jobs Report Strong Despite Unemployment Rate
The new jobs report was announced this morning with 311,000 new jobs added to the labor market this quarter, (pre-COVID
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The new jobs report was announced this morning with 311,000 new jobs added to the labor market this quarter, (pre-COVID
Existing Homes Sales continue to decline due to rising mortgage rates, higher home prices, and relatively few homes for sale. Record low-interest rates
Mortgage rates INCREASE 42 bps to 5.75% for the week ending August 25th, 2022. For a $100,000 loan, the monthly
NEW Home Sales to Existing home sales is currently 14% (1 out of 7). NEW home sales are a key
WEEKLY: Unemployment claims are available each Wednesday. They have been increasing since the Fed announced its intention to increase interest
Mortgage rates DECREASE 7 bps to 5.33% for the week ending August 18th, 2022. For a $100,000 loan, the monthly
Check out the shape of the Yield Curve. While longer-term rates were up more than shorter-term rates this past week,
Mortgage rates INCREASE 21 basis points to 5.40%. For a $100,000 loan, the monthly payment INCREASED by $13 to $561/mo.
Q2 2022 returns are HALF of the prior quarter. The 4-quarter return remains at near record levels due to the
The Consumer Price Index (CPI) for July was released today and the year-over-year total decreased from 9.1% to 8.5% as
Daily changes in the US 10 Year Treasury rates are the blue bars while the red line is the 14-day
Mortgage rates decreased 31 basis points to 5.19%. For a $100,000 loan, the monthly payment decreased $19 per month to
NEW Home Sales compared to Existing home sales are currently 12% (1 out of 8). NEW home sales are a key
10 Year US Treasury Daily changes in the US 10 Year Treasury rates are the blue bars while the red
For the week ending 7.28.22 Mortgage rates decreased 24bp to 5.50%. For a $100,000 loan the monthly payment decreased $15