Currently viewing the category: "Jobs"

Make A Mortgage Rate Plan BEFORE Friday’s Jobs Report

On March 3, 2011 By

Mortgage rates could move higher beginning tomorrow morning. The Bureau of Labor Statistics releases its February jobs report at 8:30 AM ET.

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Unemployment Rate Drops To Lowest In 2 Years

On February 4, 2011 By

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.

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December’s Job Report : Good For Home Affordability

On January 7, 2011 By

For this month — and for the rest of 2011– employment data will figure big in mortgage markets and for home affordability. Today’s release is the first big splash.

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Mortgage Rates Rapidly Rising On Jobs Data; More Risk Ahead For Friday

On December 2, 2010 By

Mortgage rates are rising, up nearly 1 percent since mid-October. Tomorrow, rates could rise again.

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Today’s Jobs Report Will Keep Mortgage Rates Highly Volatile

On November 5, 2010 By

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.

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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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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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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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FHA Loan Rates & The Jobs Report

On March 4, 2010 By

FHA loan rates have improved over the past few weeks, but tomorrow’s jobs report could send them much higher.

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