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
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
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.