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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,...
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What’s Ahead For Mortgage Rates This Week : February 6, 2012
Mortgage markets worsened last week as domestic job growth surprised Wall Street and the Eurozone moved yet one more step closer to reaching a lasting Greece sovereign debt solution. Conforming...
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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...
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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...
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U.S. Posts Its 20th Straight Month Of Job Growth
For the second straight year, the jobs market looks to be slowing into the summer. Last Friday, in its monthly Non-Farm Payrolls report for May 2012, the Bureau of Labor Statistics reported 69,000 net...
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Find A Mortgage Rate Strategy Ahead Of Friday’s Job Report
Friday morning, the government’s Bureau of Labor Statistics will release its Non-Farm Payrolls report, more commonly called the “jobs report”. Depending on how the jobs data reads, FHA and conforming...
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Mortgage Rates Rising On 26 Straight Months Of Jobs Growth
According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobs last month. November’s job growth exceeded Wall Street...
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What’s Ahead For Mortgage Rates This Week : December 31, 2012
Mortgage bonds improved last week, pushing mortgage rates lower in delaware and nationwide. Positive economic news and strong housing data was trumped by ongoing Fiscal Cliff discussions on Capitol...
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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...
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27 Months Of Consecutive Job Growth Helping Home Prices Rise
The Bureau of Labor Statistics (BLS) Non-Farm Payrolls report for December exceeded Wall Street’s expectations by 5,000 net new jobs, showing 155,000 positions created in December. The December tally...
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