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 market movers, it’s the Non-Farm Payrolls report that may cause the most damage.
Retail Sales Expected To Rise; Mortgage Rates Should Rise, Too
The American Consumer is alive and well, it seems. Retail Sales are up 14 months in a row.
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?
As Jobs Tally Fades, Mortgage Rates Fall
The U.S. economy is no longer adding new jobs.
With The Jobs Report Looming, Mortgage Rates May Rise
If you’re shopping for a mortgage rate, today may be a good day to lock one down. That’s because Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report for August 2011.
Strong Job Growth In July Trumped By Credit Downgrade
The latest Non-Farm Payrolls survey from the Bureau of Labor Statistics shows that 117,000 net new jobs were created in July, thumping analyst estimates and surprising Wall Street investors.
Mortgage Rates Drop After U.S. Credit Downgrade
Mortgage rates continue drifting downward, despite — or because of — a ratings downgrade on long-term U.S. government debt.
A Mortgage Rate Strategy For July’s Jobs Report
At 8:30 AM ET Friday, the Bureau of Labor Statistics will release the July 2011 Non-Farm Payrolls report. Mark it in your calendar. If you’ve been watching mortgage rates fall to new all-time lows this week and fear a mortgage rate reversal, Friday could be the day.
What Will The Debt Ceiling Agreement Do To Mortgage Rates?
Today’s debt ceiling agreement will be a major force in mortgage markets and home affordability. Are you prepared for it?
Retail Sales Rise For 12th Straight Month In June
The American Consumer will not be deterred. Despite worsening jobless figures and an increase in the Cost of Living, Retail Sales are climbing.