Currently viewing the category: "Jobs"

Jobs Data Shows Private Sector Growth, Hints At Lower Mortgage Rates

On October 8, 2010 By

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.

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Jobs Gain, Mortgage Rates Lose

On September 3, 2010 By

If the broader economic picture turns towards anything other than the worst-case projections, home values and mortgage rates should continue to rise.

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August 2010 Jobs Report Pushes Mortgage Rates Higher

On September 3, 2010 By

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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Jobs, Mortgage Rates & Home Affordability

On July 7, 2010 By

A major reason that interest rates dipped even lower last week was due to the rather disappointing jobs report.

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Jobs Report Crushes Interest Rate Predictions

On June 4, 2010 By

This week’s Interest Rate Predictions were watching today’s jobs report. First Friday of the month we get the Bureau of Labor Statistics’ “Non-Farm Payrolls” report from the prior month.

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Markets Ignore The April Jobs Report And It’s Good News For Mortgage Rates

On May 7, 2010 By

Despite 290,000 jobs created in April 2010 — nearly twice the expected amount — and a 40 percent upward revision of March’s numbers, mortgage rates are essentially unchanged. In a normal environment, rates would be higher. Today is not normal.

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First Time Homebuyers & Unemployment

On March 4, 2010 By

First time homebuyers have gained even more purchasing power in the past few weeks as mortgage rates have dipped lower.

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