Strong Jobs Report Highlights That Wages Are Failing to Keep Pace with House Appreciation

By Steve Hovland, Director of Research, HomeUnion The hurdles to purchase a home are expected to get steeper as February’s jobs report nearly guarantees a rate hike during the Federal Open Market Committee’s (FOMC) March meeting. Last month, the economy added 235,000 new jobs, solidly beating expectations. The report wasn't entirely unexpected after payroll processor […]