Market Updates
Existing Home Sales fell MoM for the 3rd-straight month, but even with total inventory rising to 1.28 million,...
May’s job growth came in well above forecasts, as the BLS reported that 272K new jobs were created. However,...
Got a little extra income monthly? Making additional payments towards your principal helps you reduce the...
U.S. house prices rose 6.6 percent between the first quarter of 2023 and the first quarter of 2024, according...
April’s job growth missed estimates, as there were 175K new jobs created versus the 243K that were...
Nationwide, the typical home sold received 2-3 offers this year. Although it can feel uncomfortable to put in...
Progress toward the Fed’s 2% inflation target continues to stall, as the Fed’s favored measure,...
After hitting their highest level in a year in February, sales of existing homes slipped 4.3% in March....
Inflation was hotter than expected in March, continuing a trend we’ve seen in recent months, as rising...
March’s job growth roared in above forecasts, as the BLS reported that 303K new jobs were created....
Inflation continues to inch closer to the Fed’s 2% target as its favored measure, annual Core PCE, fell to...
Feeling “locked-in” by your low existing mortgage rate? If you’re carrying large, higher...
Home builder confidence broke above the key breakeven threshold of 50 and into positive territory for the...
February job growth came in above forecasts, with 275K jobs created per the BLS. However, revisions to the...
Signed contracts on new homes rose for the second straight month in January, up 1.5% from December and 1.8%...
Talk about a winning record! Buying a home and holding it for 10 years has earned a profit every year except...
Pending Home Sales (signed contracts on existing homes) surged 8.3% from November to December, due in large...
Home builder confidence has surged due in large part to falling interest rates that have brought buyers back...
Inflation was hotter than expected last month, due in large part to rising shelter costs. However, annual Core...
The MBS Highway National Housing Index jumped to 42 in January 2024, from 34 in December 2023. This was the...
The Fed kept rates on hold for the 3rd-straight meeting. No surprise there. But its “dot plot” of...
The Bureau of Labor Statistics (BLS) reported that there were 199,000 jobs created in November versus the...
The Federal Housing Finance Agency (FHFA) has published annual conforming loan limit values for 2024. The...
Home prices continue to hit record highs in many of the major indices, and they’re now on pace to...
Housing Starts rose for the second straight month in October, beating expectations and suggesting that the...
Home prices continue to hit record highs in many of the major indices, and they’re now on pace to deliver...
The Fed’s favored inflation measure, annual Core PCE, fell to 3.7% for the 12 months ending in September....
Sales of existing homes hit a 13-year low in September as low inventory and elevated mortgage rates remain...
Interest Rate Update: Mortgage rates are down slightly and trading in a mostly sideways pattern as we head...