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Homes Get More Affordable On March Jobs Data

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. . . . → Read More: Homes Get More Affordable On March Jobs Data

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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. . . . → Read More: Jobs Report Due Friday; Mortgage Rates Expected To Change

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Mortgage Rates Climb Sharply After Retail Sales Report

The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending. . . . → Read More: Mortgage Rates Climb Sharply After Retail Sales Report

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Mortgage Rates Expected To Rise On A Strong Job Report

When jobs come back, analysts say, so does the economy. That should push mortgage rates higher. . . . → Read More: Mortgage Rates Expected To Rise On A Strong Job Report

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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. . . . → Read More: With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow

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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. . . . → Read More: Fewer Jobless Claims Suggests Higher Home Prices Ahead

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Home Affordability Threatened By Friday’s Jobs Report

It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report. . . . → Read More: Home Affordability Threatened By Friday’s Jobs Report

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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. . . . → Read More: Home Affordability Set To Worsen On Thursday’s Retail Sales Data

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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. . . . → Read More: Lock Your Mortgage Rate : New Loan Fees Expected Within Days

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Are You Locked ? Friday’s Job Report Will Make Mortgage Rates Move.

If you’re floating a mortgage rate, or have yet to lock one in, today may be a good day to call your loan officer. Friday morning, the government releases its Non-Farm Payrolls report at 8:30 AM ET. . . . → Read More: Are You Locked ? Friday’s Job Report Will Make Mortgage Rates Move.

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