Make A Mortgage Rate Plan BEFORE Friday’s Jobs Report

Mortgage rates could move higher beginning tomorrow morning. The Bureau of Labor Statistics releases its February jobs report at 8:30 AM ET. Home buyers and rate shoppers in Tacoma would be wise to take note. The jobs report is almost always a market-mover. Consider last month. Although net job...

Unemployment Rate Drops To Lowest In 2 Years

Americans are getting back to work. Sort of. This morning, at 8:30 AM ET, the Bureau of Labor Statistics released its Non-Farm Payrolls report for January 2011. More commonly called “the jobs report”, the government’s data showed a large decrease in the number of working Americans as...

December’s Job Report : Good For Home Affordability

On the first Friday of each month, the Bureau of Labor Statistics releases its Non-Farm Payrolls report. More commonly called “the jobs report”, the government’s data include raw employment figures and the Unemployment Rate. The jobs report hit the wires at 8:30 AM ET today. It’s...

Mortgage Rates Rapidly Rising On Jobs Data; More Risk Ahead For Friday

Mortgage rates are rising, up nearly 1 percent since mid-October. Tomorrow, rates could rise again. The Bureau of Labor Statistics releases the November jobs report at 8:30 A.M. ET Friday. With a stronger-than-expected reading, mortgage rates should continue their climb, harming home affordability across...

Today’s Jobs Report Will Keep Mortgage Rates Highly Volatile

Mortgage rates have been falling since April, shedding more than 1 percentage point since the Refi Boom began. Today, that momentum could lose some steam. The Bureau of Labor Statistics releases the October jobs report at 8:30 A.M. ET. With a stronger-than-expected reading, mortgage rates should rise,...

Jobs Data Shows Private Sector Growth, Hints At Lower Mortgage Rates

On the first Friday of each month, the Bureau of Labor Statistics releases its Non-Farm Payrolls report from the month prior.  This month, though, because the first Friday of the month was also the first day of the month, the report was delayed one week. The report hit the wires at 8:30 AM ET this...

« Older Entries