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In The NewsUS Economy

What Does The December Jobs Report Mean For Housing?

January 8, 2024 PROGRESS In Lending

The US economy added 216,000 jobs in December and the unemployment rate held steady at 3.7%, the Bureau of Labor Statistics reported Friday. The monthly total blew past expectations for a net gain of 160,000 jobs and capped off what’s been a year of resilience in the labor market. But what does this mean for our industry?

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Featured Solutions

Expert Analysis

Ensuring Fairness And Accountability With Explainable AI

By Ruth Lee, CMB, Founder and CEO at Big Think

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The Downturn Brings The Possibility To Consolidate And Simplify

By Pedro Garcia, Chief Executive Officer at Mortgage Cadence

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AI-Powered Quality Assurance & Compliance

By Josh Friend, Founder & CEO at Insellerate

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Mortgage Banking Executives Remain Paralyzed

By Keith Kemph, President and CEO at BlackFin Group

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Read More Expert Analysis HERE


Weekly Data Snapshot

Purchase & Refinance Pull-Through Rates

SOURCE: Optimal Blue

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PROGRESS in Lending

PROGRESS In Lending Association was formed to help lending executives grow their business by boiling down the latest news and trends into sound strategies. This company is run by industry veterans that have come together to make a positive difference for our readers. Check out our Executive Team HERE.

 

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