RateMastery

A quiet start to the week with CPI Thursday Jan jobs three time higher than estimates, the labor participation rate, the biggest increase on a m/m basis since well before the pandemic at 62.2%, average hourly earnings +0.7% with estimates 0.5%, yr./yr. +5.7% with estimates of...

As COVID morphs into more variants, real estate trends morph as well “The great migration to the suburbs or to the country is down to a trickle,” says one New York City-based real estate broker. “City people are unlikely to leave the city if they have not already done so, and a lot of those who left are coming back. I don’t think they are running away...