Instant

Instant Reaction: Mortgage Rates, April 07, 2022

The 30-year fixed mortgage rate rose to 4.72% from 4.67% the previous week; mortgage rates have increased by 1.5 percentage points since the beginning of the year, hurting affordability. www.nar.realtor – Research

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Instant Reaction: Mortgage Rates, March 31, 2022

Mortgage rates surged for the fourth straight week, rising to 4.67% from 3.76% in the first week of March 2022, significantly increasing borrowing costs for buyers. www.nar.realtor – Research

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Instant Reaction: Jobs, March 4, 2022

The employment gap between current conditions and pre-COVID days is narrowing, with only 2.5 million more jobs needed to get there. www.nar.realtor – Research

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Instant Reaction: Mortgage Rates: February 3, 2022

Mortgage rates remained unchanged from the previous week at 3.55%. Following the trend of the 10-year Treasury yield, rates took a pause from their recent rally. www.nar.realtor – Research

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Instant Reaction: Mortgage Rates, January 27, 2022

Mortgage rates didn’t change much this week after moving upwards for the last 5 straight weeks. The 30-year fixed mortgage rate fell to 3.55% from 3.56% the previous week. www.nar.realtor – Research

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Instant Reaction: Mortgage Rates, November 4, 2021

The 30-year fixed mortgage rate fell to 3.09% this week from 3.14%, good news for homebuyers and homeowners who want to refinance. www.nar.realtor – Research

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Instant Reaction: Jobs, November 5, 2021

The job market continues to make progress in October with 531,000 net new jobs. Since coming out of lockdown 18 million jobs have been created, but total jobs are still 4 million below the level seen before the arrival of COVID-19. www.nar.realtor – Research

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Instant Reaction: Consumer Price Index, August 11, 2021

Inflation continued to rise quickly in July. Over the last 12 months the inflation rate rose 5.4%, the same annual rate as in June. www.nar.realtor – Research

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Instant Reaction: Jobs, June 4, 2021

The job market continues to make progress with 551,000 net new additions in May. Another 7 million jobs are still needed to get us back to pre-pandemic conditions. www.nar.realtor – Research

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Instant Reaction: Second 2020 Q4 GDP Growth Estimates Show Residential Investment Leading the Economic Recovery

Today’s second GDP estimate for the 2020 Q4 shows the economy grew slightly higher at 4.1% than previously estimated (4% advance estimate). www.nar.realtor – Research

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