First Time Home Buyers
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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.
Continue Reading →If the broader economic picture turns towards anything other than the worst-case projections, home values and mortgage rates should continue to rise.
Continue Reading →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.
Continue Reading →A major reason that interest rates dipped even lower last week was due to the rather disappointing jobs report.
Continue Reading →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.
Continue Reading →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.
Continue Reading →First time homebuyers have gained even more purchasing power in the past few weeks as mortgage rates have dipped lower.
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