Weekly Market Observations - December 12, 2024

Here’s Our Weekly Market Observations :

The U.S. has seen 47 months of consecutive job growth, the third-longest since 1939

Pending home sales increased 2% in October and 5.4% YOY

New home sales decreased by 17.3% in October but increased 2.1% YOY

Average 30-year fixed mortgage down slightly to 6.69%