Economy good news for July 2017

randy56randy56 Member Posts: 4,085 ✭✭✭✭✭
in Non-Boating Related
 
Mortgage rates flat despite positive employment data
 
Economy continues to grow but tough housing market keeps rates low
 
The July jobs report from the U.S. Bureau of Labor Statistics exceeded expectations, with 209,000 new positions added and the unemployment rate at its 16-year low of 4.3%. While the economy continues its upward climb, however, mortgage rates are holding steady at sub-4% levels: the average 30-year fixed rate (3.93%), 15-year fixed (3.18%) and 5/1 ARM (3.15%)* are all essentially unchanged from the previous week. 2017 has seen the country’s lowest inventory on record** and home prices are steadily rising.
Boat Name : 

· Share on Facebook

Comments

  • JoeStangJoeStang Member Posts: 1,138 ✭✭✭✭
    My gf is a real estate agent and it's crazy how fast homes move, in the 200-400k range most are on the market for less than a week. If I had more money free I'd sell mine and buy a waterfront fixer upper condo for a couple years. 
    2013 276 Cuddy ~ 350 MAG / B3
    · Share on Facebook
  • rasburyrasbury Member Posts: 8,962 ✭✭✭✭✭
    Is that a bubble I see pushing up again?
    · Share on Facebook
  • trip_ntrip_n Member Posts: 747 ✭✭✭
    it slipped=====gf
    · Share on Facebook
  • JoeStangJoeStang Member Posts: 1,138 ✭✭✭✭
    Haha its even facebook official, craziness I know....
    2013 276 Cuddy ~ 350 MAG / B3
    · Share on Facebook
  • randy56randy56 Member Posts: 4,085 ✭✭✭✭✭
    Girl Friend ---- a regular female companion with whom Joe has a romantic or sexual relationship.

     

    Boat Name : 

    · Share on Facebook
Sign In or Register to comment.