Posts Covering Economic News
Started homes dropped slightly in July, which doesn't help the home buyer's plight: not enough homes to buy.
New construction home building is showing signs of life. Still, home builders admit severe challenges to building, and demand outstrips supply.
New construction is showing signs of weakness after the third straight month of declines. Are deals about to re-appear in the marketplace?
For the second week in a row, mortgage rates have dropped to their lowest levels of the year. It presents another opportunity for mortgage shoppers.
May 5, 2017 in Economic News
The April Non-Farm Payrolls report gives the Federal Reserve the fuel it needs to raise rates again in June. The job market is back on track.
France's exit from the EU, or "Frexit", could spur financial turmoil and lower mortgage rates. The French election could be the first step in that process.
April 7, 2017 in Economic News
The March Non-Farm Payrolls report was "bad". But that means mortgage rates are dropping. How to get a lower rate when economic reports are weaker than expected.
March 10, 2017 in Economic News
The February Non-Farm Payrolls report all but locked in a rate hike by the Federal Reserve in March. Should you lock your mortgage rate? Insight and analysis.
February 3, 2017 in Economic News
The January Non-Farm Payrolls report shows how important inflation data is for mortgage rates. Job growth was strong, while wages lagged, helping rates.
January 6, 2017 in Economic News
The December Non-Farm Payrolls report shows the fastest wage growth in nearly seven years. Inflation worries abound, and that's pushing up mortgage rates.
October 7, 2016 in Economic News
The September Non-Farm Payrolls report allayed fears of a November rate hike from the Fed. But the job market is showing signs of strength. Will rates rise?
August 31, 2016 in Economic News
Non-Farm Payrolls releases Friday. Your mortgage rate quote is likely to change. More on the upcoming jobs report and how it can affect your mortgage loan.
2017 Conforming, FHA, & VA Loan Limits
Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)