Market Update: Strong Jobs Report for May 2025
The U.S. economy added 177,000 jobs in April, surpassing expectations and maintaining the unemployment rate at 4.2%. Significant gains were observed in healthcare (+51,000 jobs) and transportation and warehousing (+29,000 jobs), while federal employment declined by 9,000 positions. This robust labor market suggests that the Federal Reserve is likely to maintain its current interest rate […]
Jobs Report Lands: What It Means for Mortgage Rates
This morning’s U.S. jobs report arrived at 8:30 a.m. ET, and the results are already making headlines. The labor market is showing signs of slowing down, adding just 22,000 jobs in August compared to expectations of around 75,000. The unemployment rate ticked up to 4.3%, the highest since before the pandemic. So, why does this […]
Fed Cuts Rates by 0.25%: What It Means for Mortgages
Yesterday, the Federal Reserve cut its benchmark rate by 0.25%—the first rate cut since December. While that move was widely anticipated, what’s been more interesting is how mortgage rates and homeowner behavior have reacted. Now that we’ve had a little time to see the market settle, here’s what we know—and what it could mean for […]
The Mortgage Process in Georgia: What Roswell Buyers Should Expect-[Copy #2803]
Buying a home is one of the biggest milestones in life – and understanding the mortgage process can make all the difference. If you’re searching for mortgage lenders in Roswell, GA, or wondering what to expect when applying for a home loan, this guide will walk you through each step. At Northpoint Mortgage in Roswell, our team […]