by sgomes | May 10, 2024 | Finance, Mortgage Rates
Wage growth came in far below estimates according to Friday’s jobs report. Unemployment inched up in April, breaking the trend of strong jobs reports over the past year. The silver lining is that this trend is good news for mortgage rates. The U.S. economy added...
by sgomes | May 10, 2023 | Mortgage Rates
By: Matthew Graham, Wed, May 3 2023, 4:27 PM: The implication of “Fed rate hikes” is a constant source of confusion in the housing market. The general belief is that the Fed controls rates and if they’re hiking, then rates are going higher. ...