Market Update: Strong Jobs Report for May 2025

The U.S. economy added 177,000 jobs in April, surpassing expectations and maintaining the unemployment rate at 4.2%. Significant gains were observed in healthcare (+51,000 jobs) and transportation and warehousing (+29,000 jobs), while federal employment declined by 9,000 positions. This robust labor market suggests that the Federal Reserve is likely to maintain its [...]

2025-05-06T11:25:24-04:00May 5th, 2025|Categories: Market Update|Tags: |

Market Update: July 2024 Weak Jobs Report

Seize the Moment: The Last Jobs Report May Benefit Homebuyers and Homeowners In recent news, the July jobs report revealed a weaker-than-expected increase in payrolls, with the U.S. adding only 114,000 jobs compared to the anticipated 175,000. Additionally, the unemployment rate rose from 4.1% to 4.3%. This news has caught the attention [...]

2024-08-05T09:58:39-04:00August 5th, 2024|Categories: Market Update|Tags: |

Market Update: FOMC Meeting Summary for March 20th

As part of our commitment to keep you informed, we're providing a snapshot of the latest FOMC meeting and its implications for the mortgage market. With this ongoing series, you'll get timely insights after each meeting, helping you make informed decisions about your home financing needs. The Federal Reserve's latest announcement [...]

2024-03-20T16:10:06-04:00March 20th, 2024|Categories: Market Update|Tags: |

Deciphering Powell’s Economic Outlook for Mortgage Rates

Federal Reserve Chair Jerome Powell recently addressed the U.S. economy's status, inflation, and interest rates. He acknowledged that interest rates had peaked and would likely decrease in the coming months, although he did not commit to rate cuts as soon as the Fed's March meeting. Powell highlighted the U.S. economy's strength, [...]

2024-03-07T17:22:17-05:00March 6th, 2024|Categories: Market Update|

Homeowner’s Guide to DIY Pest Control

When it comes to uninvited guests, pests are the least welcome. Professional pest control services can be a worthy investment, but if you're a homeowner looking to save some cash, there are effective DIY strategies to keep common critters at bay. Let's dive into practical pest prevention and control measures you can do yourself! [...]

2024-03-07T17:26:30-05:00February 8th, 2024|Categories: Homeownership|Tags: |
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