Last Friday, in its Non-Farm Payrolls report for the month of March, the Bureau of Labor Statistics announced 120,000 net new jobs created, plus combined revisions in the January and February reports of +4,000 jobs.
Entries Tagged as 'The Economy'
Homes Get More Affordable On March Jobs Data
April 10th, 2012 · Comments Off on Homes Get More Affordable On March Jobs Data
Tags: The Economy
Jobs Report Due Friday; Mortgage Rates Expected To Change
April 5th, 2012 · Comments Off on Jobs Report Due Friday; Mortgage Rates Expected To Change
If you’re out shopping for a home this week, or trying to lock a mortgage rate, with Friday comes home affordability risk. Consider locking your mortgage rate today.
Tags: The Economy
Mortgage Rates Climb Sharply After Retail Sales Report
March 15th, 2012 · Comments Off on Mortgage Rates Climb Sharply After Retail Sales Report
The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.
Tags: The Economy
With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow
February 15th, 2012 · Comments Off on With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow
If you have plans to buy a home in 2012, the best time to buy may be now. Today’s mortgage rates are low and so are the home prices — a combination that’s unlikely to last.
Tags: The Economy
Fewer Jobless Claims Suggests Higher Home Prices Ahead
February 14th, 2012 · Comments Off on Fewer Jobless Claims Suggests Higher Home Prices Ahead
Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they’re right, the housing market is ripe for a boost.
Tags: The Economy
Home Affordability Set To Worsen On Thursday’s Retail Sales Data
January 11th, 2012 · Comments Off on Home Affordability Set To Worsen On Thursday’s Retail Sales Data
Consumer spending continues to rise nationwide, fueled by jobs growth and a rosier outlook for the U.S. economy. Unfortunately for mortgage rate shoppers, it may also lead to higher mortgage rates later this week.
Tags: The Economy
Lock Your Mortgage Rate : New Loan Fees Expected Within Days
January 10th, 2012 · Comments Off on Lock Your Mortgage Rate : New Loan Fees Expected Within Days
Starting soon, nearly all home buyers and refinancing households nationwide will pay higher mortgage loan fees. Congress has made it law.
Tags: The Economy
Housing And Mortgage : The Experts Make Their 2012 Predictions
January 4th, 2012 · Comments Off on Housing And Mortgage : The Experts Make Their 2012 Predictions
As the new year begins, there are no shortage of stories telling us what to expect in 2012.
Tags: The Economy
Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates
December 1st, 2011 · Comments Off on Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates
At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock.
Tags: The Economy
More Risk To Home Affordability : Friday’s Jobs Report
November 2nd, 2011 · Comments Off on More Risk To Home Affordability : Friday’s Jobs Report
Within the next 48 hours, mortgage rates may get bouncy. The Federal Open Market Committee will adjourn from a 2-day meeting and October’s Non-Farm Payrolls report is due for release. Of the two market movers, it’s the Non-Farm Payrolls report that may cause the most damage.
Tags: The Economy