Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don’t know in which direction they’ll move.
Tag Archives: Non-Farm Payrolls
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.
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.
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.
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.
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.
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.
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.
A Mortgage Rate Strategy Ahead Of Friday’s Jobs Report
Mortgage rates are prepped to make big moves in the next 36 hours. Is it time for you to call in your rate lock?
As Jobs Tally Fades, Mortgage Rates Fall
The U.S. economy is no longer adding new jobs.