Pasas Properties market update

July 12, 2016
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Your one minute market update by Pasas Properties

Market Update by Pasas Properties: U.S. stock markets have rebounded after losses when Britain announced it was leaving the E.U.  Markets don’t believe a Fed interest rate hike will happen this year. The current labor market is strong, with a decrease in unemployment claims.  A strong labor market supports a strong housing market. Mortgage applications were up 14% last week.  Many people are still refinancing, but there has also been […]