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Tag Archives: Job Growth

How Incomes are Impacting Housing


The newest numbers from the U.S. Bureau of Labor Statistics weave a familiar tale. Industry experts cut through the numbers to reflect on the effect of the current jobs market on the housing industry.

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Job Growth is Strong, Wage Growth However…

The latest jobs report from the Department of Labor offers wildly exceeded expectations alongside disappointing compensation. Do solid employment numbers spell good times ahead? Or do sluggish wages mean trouble is looming? ///// Job growth is doing a lot better than expected. But sagging wage growth is not generating nearly the same optimism. Does the dynamic mean extended low inflation for the economy?

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Survey: Optimism Up Among Consumers; Supports Housing Forecast Increase

Amidst the positive May job reports from the Bureau of Labor Statistics (BLS), consumer attitudes concerning the housing market showed vast improvement for the month of May, according to results from Fannie Mae's May 2015 National Housing Survey. These positive changes also support the case for an increase in housing activity this year.

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Freddie Mac Finds Mortgage Rate Drop Amid Underwhelming Job Growth

Variable-rate mortgages were down as well. According to Freddie, 5-year Treasury-indexed hybrid adjustable-rate mortgages averaged 2.83 percent this week, down from last week’s 2.92 percent. A year ago, the 5-year ARM averaged 3.09 percent. However, 1-year Treasury-indexed ARMs maintained at 2.46 percent, almost unchanged from a year ago.

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