Nervous About Mortgage Rates Rising? Loc...
Mortgage rates have been falling since April but that momentum could reverse tomorrow. The Bureau of Labor Statistics releases the July jobs report at 8:30 A.M. ET Friday. With a stronger-than-expected reading, mortgage rates should rise, harming home affordability in Washington. Jobs are a keystone...
June’s Jobs Report Wasn’t As...
In June, for the first time since December 2009, the U.S. workforce shrank. According to the Bureau of Labor Statistics, the economy shed 125,000 jobs last month even as the Unemployment Rate dropped to 9.5 percent. The drop in the Unemployment Rate is being attributed to fewer Americans looking for...
May 2010 Jobs Report Gives A Temporary B...
On the first Friday of each month, the Bureau of Labor Statistics releases its Non-Farm Payrolls data from the month prior.  The release is more commonly called “the jobs report” — a major factor in mortgage rates and monthly payments. Especially now. With the recession officially...