Welcome to Markets in a Minute
Our Markets in a Minute is a video series provided by V.I.P Mortgage weekly. Enjoy this minute-long video and make sure to come back every week to see new videos with facts about our markets. Questions ask us in the comments or send us a comment on our contact page.
Our Take on Markets in a Minute:
Job Creation still on the rise.
We all work hard to be able to have our homes and we can see from this infographic, provided by our friends at V.I.P Mortgage, that the gain of private payrolls is up in April, still a shortcoming by 58,000 jobs that were predicted on Wall Street, but overall still a good month.
Factory Orders are on the Rise.
Initial spending on new equipment and business are on the rise showing a battling recovery for the economy. This means that the jobless claims are also dipping, showing that people are going back to work, but still with a shortfall of people that want to actually work. Businesses are struggling to find enough workers to keep up with the demand for their products.
Mortgage Applications are Down
Applications are down from the previous months, but still up 24% overall. The affordable housing markets, which includes ModWay Homes and other modular home builders, are still battling forward with more housing requests than in years past. See if you qualify for a home with our easy-to-use mortgage calculator.
Finally…
We are looking at numbers and are still out a considerable amount of time due to worker shortages at our home suppliers, but we are working hard to bring these homes to you as fast as WE can in order to make certain that you get your home.
“Obstacles are those frightful things you see when you take your eyes off your goal.”
– Henry Ford