Tagged: U.S. Bureau of Labor Statistics

Higher energy costs and persistent core inflation are expected to keep borrowing costs elevated, limiting near-term upside for housing activity

February economic data shows mixed signals: interest rates and mortgage yields fall, housing sales remain soft, GDP growth slows, inflation holds near 2.5–3%, and labor markets remain steady amid ongoing global and domestic uncertainties

How LOs and brokers should prepare for possible changes

Friday’s jobs report drives rate dive after downward trend already saw rates easing

A sharp rise in construction wages hasn’t solved the industry’s labor shortage — and meanwhile, is driving up prices for homebuyers

Nonfarm payrolls increased by only 12,000 as strikes in the airline industry and recent hurricanes distorted the data collected.

BLS forecasts 25-basis point cut later this month

Health care and construction industry lead in job growth.

The increase in the CPI is down from 9.1% at the same point last year.

Core inflation rose 5.3%, raising speculation the Fed will pause rate hikes in June but resume them in July.