Another
blow out jobs report.
Morningstar: "The US economy added 256,000 jobs in December, according to the latest report from the Bureau of Labor Statistics released Friday morning. The December gain was well above economists’ expectations, with the consensus forecast calling for a rise of 153,000 in nonfarm payroll employment, according to FactSet. Meanwhile, the unemployment rate held steady at 4.1%."
Economy is hot. Don't expect a rate cut. I got lucky, if you can call it that. I helped a friend and my niece refi their places at the lower rate. Had to move fast because rates jumped. Of course we will see what the future holds.