FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Lending / The Ticker

Texas keeps adding jobs

Unemployment rate falls in 9 major cities

/ Print / Reprints /
| Share More
/ Text Size+

The job market in Texas just keeps growing. The Lone Star state added 52,600 jobs in April and has now added 124,020 in 2014, according to the Federal Reserve Bank of Dallas.

Jobs in Texas have grown at a rate of 3.3% in 2014. That’s up from 2013, when jobs grew at a rate of 2.5% in the state.

Texas' statewide unemployment rate is 5.2%. That’s the lowest it’s been since September 2008. Unemployment has either dropped or remained constant in every month for three straight years.

In nine major metro areas in the state, the unemployment rate dropped from March to April. In Brownsville-Harlingen, unemployment dropped from 8.9% to 8.7%, while El Paso dropped from 7.6% to 7.3%. In McAllen-Edinburg-Mission, unemployment fell 0.3% from 9.7% to 9.4%.

Laredo fell from 6.1% to 5.7%, Austin-Round Rock fell from 4.5% to 4.2%, Dallas-Plano-Irving fell from 5.5% to 5.2%, Ft. Worth-Arlington fell from 5.4% to 5.1% and Houston-Baytown-Sugar Land fell from 5.4% to 5.1%. San Antonio fell from 5.2% to 4.8%.

Recent Articles by Ben Lane

Comments powered by Disqus