An Unexpected Job Rebound
A 10 million job surprise! America’s labor market unexpectedly rebounded last month, signaling the economy is recovering much faster than expected. 2.5 million jobs were created in May versus the 8.5 million expected to be lost.
When Fed Chair Jerome Powell Speaks, the Market Listens
To Lock or Not to Lock – that is the question facing many homeowners who want to refinance or buy a home. Mortgage rates are dependent upon the financial markets. So what does the Fed believe is happening to our economy right now?
Three Reasons Why Mortgage Rates Should Have Improved
Home loan rates continue to hover near all-time lows. Here are three reasons why rates should have improved last week, but didn’t.
Will Rising Unemployment Cause Another Mortgage Meltdown?
This economic downturn is a result of COVID-19 and not a “mortgage meltdown,” so how will all of these out-of-work borrowers affect the mortgage market?
