Job growth surpassed expectations in March, while home price growth remains strong ahead of the busy spring homebuying season. Read on for these stories and more: -March Job Gains Roared in Above Estimates -Jump in ADP Job Numbers -Job Openings…
Progress on the Fed’s preferred inflation measure has stalled, while the latest data on appreciation and signed contracts show strength in the housing sector. Here are the headlines: -Progress Stalls on Inflation -Media Mixed Up About Mix of New Home…
The Fed held rates steady, as anticipated, with their forecasts showing that three cuts are still expected this year. Plus, February saw positive momentum in home sales and construction. Here are the top stories: -Fed Still Signals Three Rate Cuts…
Both consumer and wholesale inflation were hotter than expected last month. Plus, retail sales in February rebounded from January’s sharp decline, but not as much as economists had forecasted. Here are the headlines: Upside Surprise to Consumer Inflation Wholesale Inflation…
There are signs of softening in the labor sector, while annual home price growth continues to show signs of strength. Read on for these stories and more: -Revisions the Real Headline to Job Data -Private Sector Job Growth Below Forecasts…
The Fed’s favored inflation measure showed that annual inflation continues to progress lower, albeit slowly. And while the weather and mortgage rates impacted signed contracts for homes in January, key home price indexes revealed that 2023 was another strong year…
Searching for a home in Sacramento’s vibrant housing market can be an exciting yet challenging process. Securing financing tailored to your needs can make or break the homebuying puzzle. This is where the specialized knowledge and localized expertise of a…
Closings on existing homes picked up last month, while recent commentary shows that Fed members remain cautious about cutting rates too soon. Read on for these stories and more: -Existing Home Sales Rebound in January -Fed in No Hurry to…
Wholesale and consumer inflation were both hotter than expected in January. There was also a pullback in new home construction, though home builders are feeling confident about the year ahead. Here are last week’s headlines: -Consumer Inflation Above Forecasts -Hot…
As we continue into 2024, prospective homebuyers and homeowners looking to purchase or refinance are keenly observing the mortgage rate trends. Understanding these rates is crucial as they directly impact your monthly payments and the overall cost of your mortgage.…
