Unemployment rates were lower in April in 12 states and the District of Columbia while remaining stable in 38 states, the U.S. Bureau of Labor Statistics reported today. Many states — currently about 21 — have decided to pull the $300 in enhanced federal unemployment benefits due to concerns that people do not have an incentive to resume employment.

Sales of existing homes dropped 2.7% in April to a seasonally adjusted annualized rate of 5.85 million units, according to the National Association of Realtors, and the supply of homes for sale was down 20%. High demand and rock-bottom supply continued to push prices higher.

The bond markets continue to take their cue from the Fed with the notion that the recent spike in inflation will be transitory. The Fed will be purchasing up to $5.164B in mortgage-backed-securities today.

Under the volatile market, keeping an eye on the market and/or locking interest rates in time is strongly recommended.

美国劳工统计局今天报道，4月份在12个州和哥伦比亚特区的失业率较低，在38个州则保持稳定。由于担心员工没有恢复就业的动机，许多州（目前大约21个州）决定取消300美元的联邦失业救济金。

根据美国全国房地产经纪人协会的数据，4月份现有房屋的销售下降了2.7％，经季节调整后的年化增长率为585万套，待售房屋供应下降了20％。高需求和低谷供应继续推高价格。

债券市场继续从美联储获得暗示，认为近期通货膨胀将是短暂的。美联储将在今天购买高达$ 5.164B的抵押贷款支持证券。

在市场动荡的情况下，建议大家密切注意市场的變化和及时锁定利率。

Economic Calendar
Report Period Estimate Impact
Date: Tue. May. 25
New Home Sales Apr 950K Moderate
Consumer Confidence May 119.0 Moderate
S&P/Case-Shiller Home Price Index May 11.7% Moderate
Date: Thu. May. 27
Gross Domestic Product (GDP) Q1 6.4% High
GDP Chain Deflator Q1 NA High
Durable Goods Orders Apr 0.7% Moderate
Pending Home Sales Apr 5.0% Moderate
Jobless Claims (Initial) 5/22 422K Moderate
Date: Fri. May. 28
Personal Consumption Expenditures and Core PCE Apr 0.7% High
Consumer Sentiment Index (UoM) May 82.9 Moderate
Personal Consumption Expenditures and Core PCE YOY 3.0% High
Chicago PMI May NA Moderate
Personal Income Apr -14.0% Low
Personal Spending Apr 0.6% Low
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