Marin County’s Unemployment rate dropped below 6 percent in October 2012 for the first time since December 2008. Meanwhile, San Francisco County’s jobless rate was 6.8 percent and San Mateo’s was 6.3 percent. On the national front, DSNews just posted a News Alert today about the national unemployment rate plunging to a near-four year…
Category Archives: The Economy
Breaking News: Nation Adds 171,000 Jobs!
DSNews.com just posted a news alert earlier today reporting that the nation’s unemployment rate inched up to 7.9 percent in October as the economy added 171,000 jobs, according to the Bureau of Labor Statistics (BLS.) They also reported that job creation for the two prior months was revised upward: 148,000 in September instead of the…
Coming Next Week : New, Mandatory Loan Fees For All Conforming Mortgages
Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide.
Revisiting Housing Market Predictions For 2012
Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?
Mortgage Rates Expected To Rise On A Strong Job Report
When jobs come back, analysts say, so does the economy. That should push mortgage rates higher.
Home Affordability Could Suffer from Thursday’s Retail Sales Data
Consumer spending continues to rise nationwide, fueled by jobs growth and a rosier outlook for the U.S. economy. Unfortunately for mortgage rate shoppers, it may also lead to higher mortgage rates later this week.
As Jobs Tally Fades, Mortgage Rates Fall
The U.S. economy is no longer adding new jobs.
The economy: a case of self-fulfilling prophecy
Doom and Gloom on the News For the past couple of weeks, all we’ve heard is how bad the economy is. As reported in the KCM Blog today, consumer confidence, as measured by the University of Michigan’s Consumer Sentiment Survey, has fallen to a number not seen in thirty years. This panic has actually had a negative…
Marin County Unemployment Rate Remains Lowest in California
As reported in a recent Marin Independent Journal article, Marin’s jobless rate dipped to 8 percent in June, down from 8.2 percent in the same month of 2010 as the county added 200 jobs year-to-year, according to new figures released Friday. The rate marked a jump up from 7.4 percent in May even as Marin…
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