Mar 13 2017 31696 2

Dated: 03/13/2017

Views: 56

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!
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....

Want to Advertise on this Site?

Latest Blog Posts

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


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

Read More

How To Improve The Market Value Of Your Home Part 1

The Kitchen is still king.  Buyers of all kinds have long focused on the kitchen, but it holds particular sway over first-time homeowners. A “modern/updated kitchen” tops the list

Read More