Total nonfarm payroll employment was up by 187,000 in July, and the unemployment rate remained fairly flat at 3.5%, the U.S. Bureau of Labor Statistics reported.
Tag: First American
First American’s Mark Fleming: Why Higher Mortgage Rates Don’t Always Lead to Declining House Prices
House prices have remained resilient, even in the face of fast-rising mortgage rates. That’s because the relationship between rising mortgage rates and home prices may not be as straightforward as many believe.
First American’s Mark Fleming: Why Higher Mortgage Rates Don’t Always Lead to Declining House Prices
House prices have remained resilient, even in the face of fast-rising mortgage rates. That’s because the relationship between rising mortgage rates and home prices may not be as straightforward as many believe.
First American’s Mark Fleming: Why Higher Mortgage Rates Don’t Always Lead to Declining House Prices
House prices have remained resilient, even in the face of fast-rising mortgage rates. That’s because the relationship between rising mortgage rates and home prices may not be as straightforward as many believe.
Pending Home Sales Shrink
Pending home sales shrunk 2.7% in May the National Association of Realtors reported Thursday.
Ksenia Potapov from First American: Millennials, Walking Around Like They Own the Place
Amid the roller coaster housing market of the past few years, National Homeownership Month presents an opportunity to examine a fundamental driver of homeownership and housing demand: demographics.
Ksenia Potapov from First American: Millennials, Walking Around Like They Own the Place
Amid the roller coaster housing market of the past few years, National Homeownership Month presents an opportunity to examine a fundamental driver of homeownership and housing demand: demographics.
Ksenia Potapov from First American: Millennials, Walking Around Like They Own the Place
Amid the roller coaster housing market of the past few years, National Homeownership Month presents an opportunity to examine a fundamental driver of homeownership and housing demand: demographics.
Ksenia Potapov from First American: First-Time Home Buyer Affordability Outlook Mixed, but Affordable Markets Remain
The affordability outlook is mixed, but there are markets that remain affordable for the potential first-time home buyer, like Buffalo, Pittsburgh and Detroit, despite the turbulence of today’s housing market.
Odeta Kushi from First American: Mind the Gap Between Mortgage Rates and the 10-Year Treasury Yield
The popular 30-year fixed mortgage rate is loosely benchmarked to the 10-year Treasury bond. Since the end of the Great Recession, the 30-year fixed mortgage rate has on average remained 1.7 percentage points higher than the 10-year Treasury bond yield. Yet, this spread is not always consistent.