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Jobs Increase in November, Unemployment Rate at 3.7%
Total nonfarm payroll employment increased by 199,000 in November, and the unemployment rate now sits at 3.7%, the U.S. Bureau of Labor Statistics reported.
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MBA Advocacy Update: Hill Hearings Recap on Housing Affordability and Large Banks; MBA Letter to CFPB on Servicing Modernization
This week’s top legislative and policy news from the Mortgage Bankers Association.
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MBA Chart of the Week: FHFA Purchase Only House Price Index; MBA Forecast
This week’s Chart of the Week shows the historical national home price growth and MBA’s forecast through 2026.