More of the recovery story will be fleshed out with this week’s readings on growth and housing.
Homebuilders are becoming increasingly optimistic about their prospects as the economy and housing market improve.
Improved job prospects, low interest rates and a low supply of housing mean that home prices are showing healthy gains.
Strong May employment report means the economy is strengthening and the Federal Reserve will stay on track to start tightening monetary policy. This means that mortgage rates will likely continue their upward march.
Fed meeting minutes suggest policymakers aren’t eager to take the plunge to higher rates.
An improving world economy is rubbing off on mortgage rates. They are rising.
Find out what Labor Secretary Thomas Perez says are the biggest challenges lying ahead for employment.
Strong job creation in April means higher mortgage rates are also likely to follow.
If you had been under the impression that an improving economy gave you a short window of opportunity to get a mortgage at today’s low interest rates, today’s employment report should make you feel more optimistic.
Hear what economic forecasters have to say about oil prices, jobs, interest rates and your wallet.