A new episode of The 5 is coming at you! 🤚🏻 Check out what topics we covered below:
1. Jobs report is much better than expected – In July, 1.8 million jobs were added back to the economy versus the 1.48 million that was expected.
2. Trump signs a series of executive orders – The first is an attempt at postponing payroll taxes through the end of the year. He's also extending the unemployment bonus to $400 a week, extending the moratorium on evictions, and waiving student loan payments through the end of the year.
3. US Stocks surpassed all time highs – The S & P briefly topped it's all time high, which it hit back in February prior to the pandemic, erasing the lows that were set in March.
4. Real Estate – The housing market in the Greater Phoenix area continues to be VERY strong.
5. Mortgages – Mortgage rates jumped at their fastest pace in more than 2 months this week.
Have questions about any of the topics we covered? Leave them below!
YouTube Video: https://youtu.be/gT4s2gWTW20
Daniel Brown is the Founder, CEO, & REALTOR® at Myriad at My Home Group. Located in Central Phoenix, Myriad serves clients throughout the Phoenix Metropolitan.
Website: http://www.MyriadAZ.com/
Facebook: http://www.Facebook.com/MyriadRealEstate
Daniel's Instagram: https://www.instagram.com/dannybrownaz/
Myriad's Instagram: https://www.instagram.com/myriadaz_/