The April jobs report is in—and it's stronger than expected, with 177,000 new jobs added versus the forecasted 133,000. Unemployment remains steady at 4.2%, labor force participation is up, and the Fed is expected to hold rates steady in the upcoming meeting. In this market update, we break down what these numbers mean for mortgage rates, housing demand, and your next move—whether you're buying or selling. Plus, insights into why now might be the ideal window for real estate activity before the typical summer slowdown.
Timestamps:
00:00 – Jobs Report Overview
00:45 – Unemployment & Labor Force Stats
01:18 – Fed Policy Outlook
01:58 – Impact on Mortgage Rates
02:45 – Housing Market Insights for Sellers
03:30 – Tips for Buyers in Today’s Market
04:00 – Key Takeaways & Final Thoughts