Tag Archives: Wages

Mortgage rates ease for 3rd day in a row on soft April jobs report

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Rates have been in retreat as bond market investors who fund most mortgage loans react to the latest economic news and scaleback in tightening by Fed policymakers. Continue reading →

Surprisingly strong jobs report sends interest rates soaring

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Drop in unemployment claims on the heels of hawkish Fed warnings sends 10-year Treasury yields soaring to a 15-year high, with mortgage rates likely to follow. Continue reading →

Home prices may be ‘unhinged’ from fundamentals, Fed analysts say

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For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests. Continue reading →

Home affordability erodes at fastest annual pace since 2004

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Despite record-high prices, homes remain much more affordable for buyers than they were in 2006. However, buying power has taken a big hit lately. Continue reading →

The median Realtor income declined in 2020, new survey says

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The record number of homes sold in 2020 didn’t necessarily translate into higher wages for most Realtors, with the median gross income falling $6,000 from the year before. Continue reading →