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Weak Economic Data = Great Mortgage Rates
We end this holiday week with great news for mortgage rates and bad news for the economy as a whole as several key pieces of economic data disappointed. This morning, the Employment report showed that...
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Mortgage Rates Move Lower on Weak Jobs Data
The Bureau of Labor Statistics released unexptected employment data this morning in the form of the “Jobs Report” resulting in a decrease in mortgage rates. Mortgage rates are senstiive to the jobs...
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Mortgage Outlook for Week of January 30, 2012
Mortgage rates improved yet again last week, yet again hitting and ending near all time historic lows. Last week was marked the FOMC meeting and their announcement that they would be continuing their...
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Mortgage Rates Move Down on Jobs Report Data
The Bureau of Labor Statistics released the Non-Farm Payrolls report (otherwise known as the “jobs report”) this morning. The numbers significantly disappointed the market, which is driving mortgage...
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Mortgage Update for Friday, May 4, 2012
So far things have been fairly quiet and stable with mortgage rates this week in anticipation for today’s high risk event, The Jobs Report. Otherwise known as the Non-Farm Payrolls report, the Jobs...
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