November, 2007 Weak Employment Data- Sign of Things to Come?
Initial jobless claims were released today and are up by 20,000 this week, to a total of 329,000. This is above expectations of 325,000 and a possible sign of a weaker job market. Weak employment is bond-positive, so this is an indication that it is wise to "float" at this point and not lock an interest rate if you are in the market for a mortgage.
Employment data in the upcoming weeks needs to ...
Where is real estate market going? Are home values going to continue their downward trend, or have we hit bottom? Home buyers are wondering if now is the time to buy or if they should wait a little longer to enter the market.
Buying a home should first and foremost be a decision that is made based on what your family needs are at the time. Timing the market, or looking for the best ...
