🛍️ Retail sales jumped again in August – up 0.6% overall, and 0.7% excluding autos & gas. Consumers are still spending, even as the job market weakens.
💡 Strong spending keeps pressure on rates, but cracks in confidence could give the Fed room to cut – and mortgage rates with it.
👉 Don’t just watch the headlines. DM me to see how this really impacts your mortgage.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #shorts #economy #retail #MortgageTips