Sorymar Castillo - Real Estate Agent

New Jobs Report Opens Door to Rate Cut U.S. job growth slowed in August and unemployment rose to 4.3%, boosting expectations of a Fed rate cut that may ease mortgage rates for homebuyers. WASHINGTON – U.S. job growth weakened sharply in August while the unemployment rate increased to nearly a four-year high of 4.3%, confirming that lab...

Mortgage Rates Slide, Buyers Gain Edge The average rate on a 30-year mortgage fell to 6.5% from 6.56%, while borrowing costs on 15-year mortgages slipped to 5.6% from 5.69%. WASHINGTON — The average rate on a 30-year U.S. mortgage fell again this week, extending a recent trend that should give prospective homebuyers more purchasing pow...

U.S. Job Openings Slip in July Employers posted 7.2M job vacancies in July – down from 7.4M in June and below economists’ forecast – as the American labor market continues to cool. WASHINGTON (AP) — U.S. employers posted 7.2 million job vacancies in July as the American labor market continues to cool. The Labor Department...