This week the Census Bureau releases its data on construction spending and on the employment situation across the U.S. While the construction spending report, which looks at the ...
Read More »Is an Increase in Residential Construction on the Way?
The U.S. labor market added 200,000 jobs and unemployment remained flat at 4.1 percent in January 2018 according to data released by the U.S. Department of Labor on ...
Read More »Homebuyers Were Cautious About Purchasing Homes in December
Housing sentiment decreased slightly at the end of 2017 reflecting consumer caution on the back of tax reforms discussions in December according to Fannie Mae.
Read More »Side Hustling
Uber, Mary-Kay, Cutco—they’re all business ventures that bring in extra money, but don’t need to be tended to daily like a 9-5. Millennials are using them the most—could it be part of a new way they fund a mortgage?
Read More »Industry Reacts to Employment Increase
Friday’s employment report for April from the Bureau of Labor Statistics showed strong growth overall, but the same could not be said for the mortgage industry. Industry professionals called the report's mortgage job data "disappointing," but the jump in growth in all jobs could mean further rate hikes from the Fed.
Read More »Rising Wages Are a Good Thing . . . Or Are They?
The headline numbers were lower than expected for the latest Employment Situation from the Bureau of Labor Statistics. The report contained a bright spot, however, in hourly wage gains. How will wage growth affect housing going forward?
Read More »Will ‘Mixed’ Jobs Data Bode Well for Housing?
The headline numbers in the latest Employment Situation from the Bureau of Labor Statistics were positive, but the report contained its negative points—leaving analysts to speculate what the effect of the data will be for housing.
Read More »Jobs Data Means Good and Bad News for Housing
Will the latest BLS Employment Summary deter the Fed from raising the short-term interest rates this year? Not likely, but it contains news that is both positive and negative for the housing market.
Read More »The Week Ahead: Will the Labor Market Rebound?
Job gains that fell below expectations were widely viewed as a deal breaker for the Fed in deciding whether or not to raise the federal funds target rate in September. Find out what September's Employment Situation from the BLS holds on Friday, October 7, at 8:30 a.m. EST.
Read More »Is a September Rate Hike Off the Table Now?
The August jobs report from the BLS fell short of expectations, leaving analysts to wonder whether or not the widely-forecasted September rate hike by the Fed will still happen.
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