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Volunteers aid Pennsylvania seniors as they age in place

Housing Wire

For seniors who live alone and may not have easy access to public transportation, relatively simple tasks such as grocery shopping or medical appointments become much more difficult to complete. Data from insurance provider Genworth Financial was provided to show the financial benefits of aging in place.

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FHA borrower fee gridlock draws ire of industry

Housing Wire

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. Income from FHA premiums go into the general Treasury fund when Congress passes a Transportation and HUD appropriations bill. The money can then be used for other programs.

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Mortgage rates fall as labor market normalizes

Housing Wire

From the Fed: In the week ended March 2, initial claims for unemployment insurance benefits were flat, at 217,000. Job gains occurred in health care, in government, in food services and drinking places, in social assistance, and in transportation and warehousing. percent, the U.S. Bureau of Labor Statistics reported today.

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Inflation cooled further in March, but shelter costs are still high

Housing Wire

Indexes that contributed to the annual increase were food (+8.5%), motor vehicle insurance (+15.0%), household furnishings and operations (+5.6%), recreation (+4.8%), and new vehicles (+6.1%). This was the smallest 12-month increase since the year ending in May 2021 and the ninth consecutive month of declines. compared to March 2022.

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Jobs data shows the truth about the labor market

Housing Wire

Job gains occurred in professional and business services, government, health care, construction, transportation and warehousing, and social assistance. Here is the breakdown of the jobs created this month, another big month for the government, which typically doesn’t continue at this pace. percentage point to 3.7 From the St.

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Which Markets Are the Nation’s Renters Targeting?

Appraisal Buzz

More renters are setting their sights on this New York City borough, which offers a robust public transportation system for an easy commute to work or school, and more affordable options compared to nearby Manhattan and Brooklyn. Despite the 23% drop in favorited apartments in Washington, D.C.,

Marketing 397
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Why a good jobs report is bad news for the Fed

Housing Wire

The government sector has had difficulty hiring people; some didn’t bother to go back to work for them. Transportation and warehousing jobs falling isn’t a surprise since many companies have hired too many people in that sector. See here for a chart from the Department of Labor on seasonally adjusted dataf or unemployment insurance.