Friday’s jobs report showed far fewer jobs were created in June than anticipated. This brought the bull for the bond market. After slumping through most of the week, mortgage rates improved Friday and markets are better this morning. The FNMA 4.0% bond ended the week up .94, at $100.19.
For the week, the [...]
Mortgage rates could move higher beginning tomorrow morning. The Bureau of Labor Statistics releases its February jobs report at 8:30 AM ET.
This morning, at 8:30 AM ET, the Bureau of Labor Statistics released its Non-Farm Payrolls report for January 2011. Mortgage rates are rising in response.
On the first Friday of each month, the Bureau of Labor Statistics releases its Non-Farm Payrolls report.
More commonly called “the jobs report”, the government’s data include raw employment figures and the Unemployment Rate.
The jobs report hit the wires at 8:30 AM ET today. It’s making big waves in the mortgage market and [...]
Mortgage rates are rising, up nearly 1 percent since mid-October. Tomorrow, rates could rise again.
Mortgage rates are rising, up nearly 1 percent since mid-October. Tomorrow, rates could rise again.
Mortgage rates have been falling since April, shedding more than 1 percentage point since the Refi Boom began. Today, that momentum could lose some steam.
According to the government, 95,000 jobs were lost in September. Economists expected a net loss of 5,000. Mortgage rates should improve on the data today.
According to the government, 95,000 jobs were lost in September. Economists expected a net loss of 5,000. Mortgage rates should improve on the data today.
On the first Friday of each month, the Bureau of Labor Statistics releases Non-Farm Payrolls data for the month prior. 54,000 jobs were created in August.
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