August 2010 Jobs Report Pushes Mortgage Rates Higher

On the first Friday of each month, the Bureau of Labor Statistics releases Non-Farm Payrolls data for the month prior.  The data is more commonly called “the jobs report” and it’s a major factor in setting mortgage rates for residents of Washington and homeowners everywhere....

Nervous About Mortgage Rates Rising? Lock Thursday — Ahead Of Friday’s Jobs Report

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 in...

June’s Jobs Report Wasn’t As Bad As The Headlines (And How You Can Take Advantage)

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 Boost To Home Affordability

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...

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