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Month: June 2022

May employment data stronger than expected

Published Date 6/3/2022 May unemployment rate at 3.6% the same as in April but expected at 3.5%. Non-farm jobs increased 390K with estimates at 325K; and April revised to 436K from 428K; private jobs increased

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Learning the ‘lingo’ of home design elements can be a fun journey

Published Date 6/2/2022 When buying a home or having one built for you, there are times you’d prefer not to have others not know what you don’t know when hearing real estate and construction “lingo.”

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Market Focus: OPEC

Published Date 6/2/2022 TODAY’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all

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Volatility spikes on inflationary data

Published Date 6/1/2022 Mohamed El-Erian, yesterday in an interview on Bloomberg, was not encouraging. He pointed out what is common knowledge that the Fed didn’t move quick enough to head off inflation, El Erian said

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