Bay Area Employment Inches Up, but Not in San Francisco
While the unemployment rate in San Francisco is holding at a record low 2.1 percent, the number of people living in the city with job has actually dropped by 4,900…
Mortgage Rates Ticked Up Prior to Yesterday’s Rate Hike
While measured prior to the Fed’s announcement yesterday, the average rate for a benchmark 30-year mortgage had ticked up 8 basis points over the past week to 4.62 percent, which…
The Fed Institutes Another Rate Hike, Signals Two More This Year
As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling accelerated expectations for two…
Inventory of Homes for Sale in San Francisco Ticks Up
Driven in part by a slowdown in sales activity since the beginning of the year, the number of single-family homes and condos actively listed for sale in San Francisco has…
Mortgage Rates Slip along with the Odds of a Rate Hike in June
Having ticked up to a 7-year high, the average rate for a benchmark 30-year mortgage slipped 10 basis points over the past week to 4.56 percent but remains 62 basis…
Asking Rents Inch up in San Francisco and Oakland
Having ended last year lower than where they started, asking rents for apartments in San Francisco have since ticked up a little over 3 percent since the beginning of the…
Mortgage Rates Move Higher, Odds of a Rate Hike Slip
Having hit a 7-year high last week, the average rate for a benchmark 30-year mortgage has ticked up another 5 basis points to 4.66 percent, which is 71 basis points…
Bay Area Unemployment Drops, but Employment Drops as Well
While the unemployment rate in San Francisco has just dropped to a record low 2.1 percent, the number of people living in the city with job has actually dropped by…
Mortgage Rates Hit Seven-Year Highs, Odds of a Rate Hike Hold
Having ticked up 6 basis points over the past week, the average rate for a benchmark 30-year mortgage now measures 4.61 percent, which is 59 basis points higher than the…
Benchmark Mortgage Rate Holds along with Odds of a Rate Hike
The average rate for a benchmark 30-year mortgage held at 4.55 percent over the past week but remains 50 basis points above the 4.05 percent rate in place at the…