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16 September 2024 | 0 replies
Economists note that job growth in typically underreported industries fell by 42,000 compared to the 6-month average, suggesting August’s numbers may understate actual gains.Key Employment GainsConstruction: +34,000 jobs, driven by heavy civil engineering and nonresidential trade contractors.Healthcare: +31,000 jobs, though slower than the past year's monthly average of 60,000.Social Assistance: +13,000 jobs, with more modest growth compared to previous months.Other growing sectors include financial activities, wholesale trade, and government (+24,000 jobs).Job Losses and Sector StrugglesManufacturing: -24,000 jobs.Retail: -11,100 jobs.Temporary help employment continues to shrink, reflecting business uncertainty.Wage and Fed Policy ImplicationsWages rose by 0.4% in August, up 3.8% year-over-year, supporting a cautious approach by the Federal Reserve on deeper rate cuts.
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15 September 2024 | 22 replies
Thanks for your help!
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17 September 2024 | 22 replies
Sometimes people can be misinformed, thinking these are loosely originated mortgage loans akin to the “NINJA” (no income, no job, and no assets) loans that were common in the early 2000s and helped lead to the last real estate crash.After reading this guide, you should be both well-equipped to know what to expect in the DSCR loan underwriting process and be able to dispel any myths about DSCR loans being a repeat of the poorly documented “no doc” loans of the past.
16 September 2024 | 5 replies
My goal is to always help bigger pockets members save time and money.
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11 September 2024 | 69 replies
Happy to help.
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15 September 2024 | 18 replies
I get that title insurance e saved you once but really I should be thanking them , no I think they have made themselves into this role where they want everyone to believe nothing can be done without them and the time they take, it takes them 2 days to walk a piece of paper across a room.As fir the lady she should be helping her clients the people who pay for thier services to resolve these type issues not act like she's the great almighty God of real-estate transactions who no sale can happen without her blessing.
16 September 2024 | 6 replies
Thank you in advance for your help and guidance!
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17 September 2024 | 3 replies
If this helps with current info.
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16 September 2024 | 6 replies
That may help answer your question.
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16 September 2024 | 3 replies
I'm not sure what the steps are from here to obtain financing and would love any help.