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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...
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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...
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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...
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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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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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8-Fold Increase In “Improving Markets” Since September
The economic recovery continues nationwide, but the recovery’s an uneven one. Some metropolitan areas are faring very well this year, posting measurable gains in both employment and housing. Other...
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Improving Market Index Spans 32 States, District Of Columbia
80 U.S. metropolitan markets are showing “measurable and sustained growth” this month, according to the National Association of Homebuilders’ Improving Market Index. It’s good news for the economy...
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What’s Ahead For Mortgage Rates This Week : October 9, 2012
Mortgage markets worsened last week for the first time in a month as the U.S. economy showed signs of improvement, and the Eurozone stepped closer to launching its $500 billion euro rescue fund....
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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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