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More homebuyers seek government-backed loans as an affordability lifeline

Housing Wire

The company’s newest National Housing Market Outlook shows that buyers are gravitating toward government-backed loans in their search for affordability. Together, FHA and VA loans represented 34% of the market, up from less than 30% in 2022 and the highest share since late 2020.

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Can government job cuts lead to lower mortgage rates for spring?

Housing Wire

Could the loss of jobs in the government sector and the withdrawal of funding from the economy significantly increase the unemployment rate and a surge in jobless claims? However, last week saw a decline in mortgage rates due to softer economic data, which led to an influx of money into the bond market as stocks sold off on Friday.

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2025 labor market holds key for mortgage rates

Housing Wire

Today, the BLS jobs report showed that the labor market is getting softer, but it’s not breaking. However, there is a limit to the downside on mortgage rates until the labor market breaks, or we get more than 1% rate cuts from the Fed. Federal government employment declined. 14, we’ve seen them move lower.

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Mortgage rates remain high due to labor market resilience

Housing Wire

The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer. Since 2022, my guiding principle has been that the labor market is more important than inflation in determining mortgage rates. Again, the theme holds: the labor market is getting softer but not breaking.

Marketing 453
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New Forecast Pinpoints 2025’s Top Housing Markets

Appraisal Buzz

Realtor.com has revealed its Top Housing Markets for 2025 , highlighting the areas ready for growth in the year ahead. This years list highlights markets characterized by moderately affordable homes, strong inventorymainly boosted by new constructionand a sizable base of younger families, many with military and international connections.

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Rising unemployment is shifting the D.C. housing market: Altos

Housing Wire

housing market is anything but stable right now and residents are feeling it. housing market using weekly data from Altos, which includes more than 60 different data points on every metro area in the country, to see how employment is changing the housing market. ’s job market. more homes on the market than 2024.

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November jobs report shows a still-strong labor market

Housing Wire

job market performed better than expected in November, gaining 227,000 nonfarm payroll jobs from a month prior according to data released Friday by the U.S. There have been signs that the labor market was cooling some, which could give the Fed confidence to go ahead with another rate cut this month. A year ago, the jobless rate was 3.7%

Marketing 418