Worries about the job market are bringing mortgage rates down

Initial unemployment claims hit highest level since September, and Federal Reserve Chair Jerome Powell warns official data could be overestimating job creation by up to 60,000 jobs a month. Continue reading

Construction labor market facing ‘alarming deterioration’

A deteriorating labor market could include a silver lining for real estate as mortgage rates continue to slide and runway appears open for rate cut by the Federal Reserve later this month. Continue reading