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
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
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.
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. . . . → Read More: Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates
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. . . . → Read More: More Risk To Home Affordability : Friday’s Jobs Report