Understanding Labor Market Trends and Mortgage Rates

Today’s podcast examines the labor report and clarifies the current state of the labor market, explaining why mortgage rates are close to their yearly highs. I believe that some individuals in the industry are relying on interpretations from those who may not fully understand labor data and its connection to Federal Reserve policy.

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“If you know the enemy and know yourself, you need not fear the result of a hundred battles.” — Sun Tzu

Logan Mohtashami is a Lead Analyst for Housing Wire, covering the U.S. economy with a specialization in the housing market.