Today, Governor Ron DeSantis announced Florida’s unemployment rate dropped to a historic 2.7 percent in July as the state’s job creation skyrocketed. Florida’s July 2022 unemployment rate is the lowest since February 2020 and this level has only been reached three times since Florida began recording unemployment data in 1976.
Even with oil prices now around $95, and commodities across the board dropping amid bearish economic prospects, a lineup of analysts still see another bull run by year’s end.
Newsfeed: Wall Street Sees Another Big Commodities Rally In 2022 Read More »
Just one day after the Federal Reserve raised its benchmark rate, mortgage rates took a sharp turn lower.
Newsfeed: Mortgage rates fall sharply after negative GDP report and Fed’s latest hike Read More »
Low financing costs, excess savings, and a demand for more space during the pandemic fueled a frenzy in the housing market that sent home prices surging.
Newsfeed: The U.S. housing market has gone cold 🥶 Read More »
Fresh signs that major economies are slowing even as prices shoot higher cast a shadow over a nascent risk rally in global markets, just hours into the start of the new trading week.
Newsfeed: Stagflation Risks Are Again Clouding a Global Market Rebound Read More »
In the week ending April 21, 2022, mortgage rates rose for a seventh consecutive week. 30-year fixed rates rose by 11 basis points to 5.11%. 30-year fixed rates jumped by 28 basis points in the week prior.
Newsfeed: U.S Mortgage Rates Rise for a Seventh Consecutive Week Read More »