Action Lending - Mortgage News

A Clear Horizon

October 6th, 2017 5:22 PM by Gene Tidgewell

Gene Tidgewell from Action Lending and Moonstone Real Estate here with a new blog post.
The jobs report was issued today but most of the data is skewed due to the effect on employment of Hurricanes Harvey and Irma. The jobs participation rate did not decrease though so the decrease in unemployment rate to 4.2% may be real.

Good news in wage inflation as wages are up 2.9 % over the last 12 months. 

A rate hike in December appears likely as the Fed tries to get where they should have been last year. As the Fed increases rates the likelihood of banks’ lending improves which will help grow the economy.

Let's see what happens in the next couple of months with all the geo political issues out there.

Enjoy the video attached




FORWARD THIS TO YOUR FRIENDS, SUBSCRIBE FOR FREE DOWN BELOW AND IF YOU HAVE ANY MORTGAGE OR REAL ESTATE QUESTIONS GIVE ME A CALL OR SEND ME AN EMAIL, TAKE CARE.

Posted in:General
Posted by Gene Tidgewell on October 6th, 2017 5:22 PM

Archives:

Categories:

My Favorite Blogs:

Sites That Link to This Blog: