Mar 13 2017 31696 2

Dated: 03/13/2017

Views: 64

Fed rate set to rise after positive jobs report
Click here to view this e-mail in your browser




 

 
February jobs growth sets stage for interest rate hike
 
An interest rate hike at the March 14 – 15 policy meeting is likely, given strong recent employment numbers from ADP and the Department of Labor. ADP claimed that businesses added 298,000 new jobs last month. Two days later, the U.S. jobs report showed a 235,000 increase to nonfarm payrolls. Mortgage rates have already reacted, with the 30-year fixed rate up to 4.21% from 4.10%, and the 15-year fixed rate at 3.42%, up from 3.32%, according to Freddie Mac. If the economy stays on course, two more rate increases are planned for 2017, so for those looking to refinance, renovate or buy a new home, the time is now to lock in a low rate!

https://mail.google.com/mail/ca/u/0/#inbox/15ac8412b9c0e849
 
Read more
 
 
 
 


 

 

 
Apply now
 
 


 

 


 
 
Blog author image

Johnny Stringer

Johnny Stringer has become one of the most progressive and highly regarded Realtors in Lubbock, Texas by always putting his client's needs first. Providing value and excellence in service highlights J....

Latest Blog Posts

Sam Meador IABS

Read More

February And March Spring Lawn Care Guide

February Fight winter weeds with post-emergent herbicides and spot treatments. Green, active weeds are easy to spot in brown, dormant, warm-season lawns.1 Check lawns for debris, twigs

Read More

Mar 11 2018 30078 1

There were 182 active new construction homes on the market March.

Read More

AVERAGE HOME PRICE

The average home price of Lubbock homes sold in January was $181.

Read More