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Tagged : employment

Found 3 blog entries tagged as "employment". -The latest list from the National Association of Home Builders/First American Improving Markets Index (IMI) includes 84 metro areas for the month of July. The list, compiled of areas measuring sustained improvement for the last size months in housing permits, employment and house prices has been steadily growing this year.

"The geographic diversity and growing number of metros on the latest IMI help spotlight the improvements we have begun to see in terms of home prices and job market conditions across certain parts of this country, which in turn are spurring more demand for new homes," said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla.

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579 Views, 0 Comments - As the employment situation continues to raise concerns, fixed rates fell even lower, slipping yet again to new record-lows, according to a survey from Freddie Mac released Thursday.

The 30-year fixed-rate mortgage averaged 3.67 percent (0.7 point) for the week ending June 7, falling from last week’s average of 3.75 percent. Last year at this time, the 30-year fixed was 4.49 percent.

The 15-year fixed rate declined even further below 3 percent to 2.94 percent (0.7 point), down from last week’s 2.97 percent. A year ago at this time, the 15-year was 3.68 percent.

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Realty Times - The latest monthly report from the U.S. Bureau of Labor Statistics shows that the unemployment rate is still on its way down. This is good news for job seekers and home sellers alike.

The current unemployment rate is now at 8.3 percent. Last year the annual average was 8.9 percent, with nearly 14 million unemployed. February saw an increase of 428,000 employed, movement in a positive direction.

Will these newly employed be entering the housing market?  To read more on this article click the link on the bottom.

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