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Bureau of Labor Statistics

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2025 labor market holds key for mortgage rates

March 7, 2025 by bp56691
2025 labor market holds key for mortgage rates
The labor market is getting softer. But, there is a limit to the downside on mortgage rates until the labor market breaks.
Categories Bureau of Labor Statistics, Department of Labor, Federal Reserve, Housing Market, HWmember, Inflation, Mortgage Rates

Jobs week data is keeping mortgage rates above 7%

January 10, 2025 by bp56691
Jobs week data is keeping mortgage rates above 7%
Today’s jobs report beat expectations, which means mortgage rates will stay elevated.
Categories Bureau of Labor Statistics, Federal Reserve, Housing Market, HWmember, Jobs Report, Mortgage Rates

Mortgage rates fall on jobs week data

December 6, 2024 by bp56691
Mortgage rates fall on jobs week data
After the final jobs report for 2024, mortgage rates made a nice move lower on Friday, helped along by improved mortgage spreads.
Categories Bureau of Labor Statistics, Federal Reserve, Housing Market, Jobs Report, Mortgage Rates, Unemployment

How Trump’s plan to ‘seal the border’ impacts housing construction and affordability

November 26, 2024 by bp56691
The Trump administration’s attitude on undocumented immigration could block further progress for increasing new-home supply.
Categories Affordable Housing, Bureau of Labor Statistics, Construction, Donald Trump, Housing Market, NAHB, Redfin, Regulatory, Trump Administration

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