Clik here to view.
As Jobs Tally Fades, Mortgage Rates Fall
The U.S. economy is no longer adding new jobs. Last Friday, in its monthly Non-Farm Payrolls report, the Bureau of Labor Statistics reported that the U.S. economy added exactly zero new jobs in August...
View ArticleClik here to view.
A Mortgage Rate Strategy Ahead Of Friday’s Jobs Report
Mortgage rates are prepped to make big moves in the next 36 hours. Is it time for you to call in your rate lock? Friday, at 8:30 AM ET, the Bureau of Labor Statistics will release the Non-Farm Payrolls...
View ArticleClik here to view.
More Risk To Home Affordability : Friday’s Jobs Report
Within the next 48 hours, mortgage rates may get bouncy. The Federal Open Market Committee will adjourn from a 2-day meeting and October’s Non-Farm Payrolls report is due for release. Of the two...
View ArticleClik here to view.
Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates
Have you been floating a mortgage rate? It may be time to lock. At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Better known as...
View ArticleClik here to view.
Are You Locked ? Friday’s Job Report Will Make Mortgage Rates Move.
If you’re floating a mortgage rate, or have yet to lock one in, today may be a good day to call your loan officer. Friday morning, the government releases its Non-Farm Payrolls report at 8:30 AM ET....
View ArticleClik here to view.
Home Affordability Threatened By Friday’s Jobs Report
This week, once more, we find mortgage rates are on a downward trajectory. Conforming mortgage rates have returned to near all-time lows. After Friday morning’s Non-Farm Payrolls report, however,...
View ArticleClik here to view.
Mortgage Rates Expected To Rise On A Strong Job Report
With home affordability at an all-time high, buoyed by the lowest mortgage rates ever, it’s been a terrific time to buy or refinance a home using a mortgage. The good times may not last, though, so...
View ArticleClik here to view.
Homes Get More Affordable On March Jobs Data
Americans continue to get back to work. Last Friday, in its Non-Farm Payrolls report for the month of March, the Bureau of Labor Statistics announced 120,000 net new jobs created, plus combined...
View ArticleClik here to view.
October Jobs Report Blows Away Estimates; Mortgage Rates Falling
Another month, another good showing for the U.S. economy. Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report. The Bureau of Labor...
View ArticleClik here to view.
Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data
Mortgage rates moved higher Wednesday up congressional leaders voted to avoid the “Fiscal Cliff”. Mortgage-backed securities (MBS) fell as investors bid up stock prices. Confidence among investors and...
View Article
