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Since today is the 4th of July holiday, the unemployment data report came out yesterday - and the numbers were good!
Unemployment continues to drop, and there are more new jobs in the economy that predicted. Overall this is great news for our recovering economy.
One impact of the report was to normalize interest rates a little, which in this case means going up slightly, but the average rate for top-tier borrowers is still 4.25% - very low!
Everyone is hopeful that strong economic data will continue to support the re-growth of our economy and especially real estate.
Michael Nash, Broker/CEO