April jobs report points to steady mortgage rates as Fed stays on hold
Payrolls surprised on the upside while wage growth cooled. The Fed is likely to keep policy steady, leaving mortgage rates more tied to oil and geopolitical risk.
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Payrolls surprised on the upside while wage growth cooled. The Fed is likely to keep policy steady, leaving mortgage rates more tied to oil and geopolitical risk.
Persistent inflation and higher borrowing costs are squeezing household budgets and cooling demand for new homes, leaving Florida buyers and builders cautious.
Florida’s jobless rate climbed to 4.7% in March, about 523,000 unemployed, marking a seventh consecutive monthly increase amid mixed sector performance and recent layoff notices.