Currently viewing the tag: "Non-Farm Payrolls"

Mortgage rates improved on almost all loans for first time home buyers last week.

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

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A quick recap on the day.  First time home buyers saw their 401(k) shrink by 2.5% and saw mortgage rates dip lower buy almost .25% today.

Tomorrow’s Non-Farm Payrolls report from the government has the potential to really be a market mover.  Mortgage bonds staged a massive rally today as fear set in all around [...]

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In a news-heavy week, mortgage markets improved last week, adding to a 3-week rally. But, given last week’s data and domestic story lines, it’s surprising that rates actually fell.

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