Posts Covering Economic News
New construction is showing signs of weakness after the third straight month of declines. Are deals about to re-appear in the marketplace?
For the second week in a row, mortgage rates have dropped to their lowest levels of the year. It presents another opportunity for mortgage shoppers.
May 5, 2017 in Economic News
The April Non-Farm Payrolls report gives the Federal Reserve the fuel it needs to raise rates again in June. The job market is back on track.
France's exit from the EU, or "Frexit", could spur financial turmoil and lower mortgage rates. The French election could be the first step in that process.
April 7, 2017 in Economic News
The March Non-Farm Payrolls report was "bad". But that means mortgage rates are dropping. How to get a lower rate when economic reports are weaker than expected.
March 10, 2017 in Economic News
The February Non-Farm Payrolls report all but locked in a rate hike by the Federal Reserve in March. Should you lock your mortgage rate? Insight and analysis.
February 3, 2017 in Economic News
The January Non-Farm Payrolls report shows how important inflation data is for mortgage rates. Job growth was strong, while wages lagged, helping rates.
January 6, 2017 in Economic News
The December Non-Farm Payrolls report shows the fastest wage growth in nearly seven years. Inflation worries abound, and that's pushing up mortgage rates.
October 7, 2016 in Economic News
The September Non-Farm Payrolls report allayed fears of a November rate hike from the Fed. But the job market is showing signs of strength. Will rates rise?
August 31, 2016 in Economic News
Non-Farm Payrolls releases Friday. Your mortgage rate quote is likely to change. More on the upcoming jobs report and how it can affect your mortgage loan.
July 11, 2016 in Economic News
The June Non-Farm Payrolls was better than Wall Street expectations. Mortgage rates have dropped. The Federal Reserve may not raise rates in 2016.
June 3, 2016 in Economic News
May Non-Farm Payrolls was worse than Wall Street expectations. Mortgage rates are dropping hard. The Federal Reserve may not raise rates in June after all.
May 6, 2016 in Economic News
The April Non-Farm Payrolls was worse than Wall Street expectations. Mortgage rates are slightly better. The Federal Reserve may raise rates in June 2016.
April 1, 2016 in Economic News
The March Non-Farm Payrolls was mostly in-line with Wall Street expectations. Mortgage rates are slightly worse. The Federal Reserve may raise rates in late-April.
2017 Conforming, FHA, & VA Loan Limits
Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)