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MarketMinute | Renovations push construction spending

MarketMinute | Renovations push construction spending

Jobless claims last week came in at 200k, lower than expected. The 4-week moving average of new applications hit a 2-year low. The Fed's main gauge of inflation drifted higher in November, reaching 2.8%. The reported rate was in line with expectations. Google searches for “No Buy January” hit a 5-year high, as Gen Zers and millennials committed to a freeze on buying nonessential goods. Pending home sales dropped sharply in December, down 9.3% from November and 3% year over year. Homes...

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MarketMinute | Existing home sales jumped in December

MarketMinute | Existing home sales jumped in December

Consumer inflation remained steady in December, still above the Fed's target and still causing affordability concerns for many Americans. Wholesale inflation was softer than expected but remained stubbornly high in November, a potential signal consumer inflation won't fall soon. Retail sales increased in November by the most since July, suggesting the economy maintained its strong pace of growth in the 4th quarter. The U.S. Census Bureau reports new home prices fell to a 4-year low in October....

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How to Save Money for a House: 7 Smart Tips to Get You There Faster

How to Save Money for a House: 7 Smart Tips to Get You There Faster

  Buying a home is one of the biggest financial milestones you’ll ever reach—and for many people, saving for it feels like the hardest part. Between rent, everyday expenses, and rising costs, putting money aside for a down payment can feel overwhelming. The good news? Saving for a house doesn’t require extreme sacrifices or complicated strategies. With a clear plan, consistent habits, and the right guidance, homeownership can be much closer than you think. At Greenway Mortgage , we help buyers turn goals into keys every day—and these seven tips may help you do the same. 7 Tips to Save Money for a House 1. Set a Realistic...

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MarketMinute | Builders increase incentives

MarketMinute | Builders increase incentives

Challenger reports a sharp decline in layoffs in December. Job cuts hit a 17-month low, potentially signaling labor market stabilization. After falling in November, private payrolls rose 41K in December, slightly below expectations, according to private payroll company ADP. Minimum wages went up in 19 states in January. Most rose to $15/hour or more, providing a pay bump for an estimated 8.3 million workers. The median existing home price rose to $409,200 in November, according to NAR. Home prices are...

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MarketMinute | First Market Update of 2026

MarketMinute | First Market Update of 2026

The Consumer Price Index rose 2.7% in November, below expectations but higher than the Fed’s stated goal of 2% inflation. Fed meeting minutes show officials see room to cut rates more if inflation keeps easing, though they are split on how much to cut and when. Jobless claims fell last week to the lowest in a month. The unemployment rate likely remained high in December due to sluggish hiring. Pending home sales surged to the highest level in nearly 3 years in November, as improving affordability...

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