Employment Situation Report Sends Mortgage Rates Higher
Employment Situation Report Sends mortgage rates higher. oct 7 2011, 4:24PM Today’s Employment Situation Report was stronger than expected. It’s one of, if not the most significant pieces of.
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Mortgage rates today, November 2, plus lock recommendations.. Friday brings the most important report of the month – the Employment Situation report for October rom the Labor Department. The.
Meanwhile, even a blowout jobs December jobs report couldn. personal financial situation would likely get better declined, even as the number of those saying their situation would get worse.
Employment Situation Summary Table A. Household data, seasonally adjusted household data summary table A. Household data, seasonally adjusted [Numbers in thousands]
Let me apply this idea to the current global situation. jobs, and there continue to be a lot of job vacancies. Furthermore, global and Canadian financial conditions have eased a good deal since our.
If this month’s jobs report and other economic indicators give the Fed a green light for another interest rate hike, businesses could be inspired to hire even more. However, it will also impact specific job sectors and regions differently, which we’ll be watching closely as the interest rates take effect.
Mortgage rates rose decisively on news that the US economy created nearly 300,000 jobs in February. Some mortgage lenders are now charging rates 0.125% higher than they did yesterday, and the rest are charging more for the same rate. Analysts expected only 230,000 new jobs last month.
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Today’s Jobs Numbers Are Good Enough for the Dow, but not Great for the Economy More people are finding jobs, but more people also lost their jobs in February, which drove the unemployment rate.
The Employment Situation report, also known as nonfarm payrolls or simply the Jobs Report, is the single most influential piece of economic news each month, at least as far as mortgage rates are concerned. Friday’s report was a shocker. The report shows how many jobs were created or lost during the previous month.
Mortgage rates move higher today, mostly due to waning political risks in Italy. To be honest, I only really put the jobs data in the headline because the mighty Employment Situation Report is a.
Mortgage rates: Recognize this mortgage lender sales trick, and don’t fall for it July 15, 2000, revised October 5, 2002, October 31, 2008, June 3, 2011 The original version of this article was about mortgage brokers. As I realized that most of the tricks described were used by lenders as well as brokers, I revised to recognize that fact, but I did not change the title — until now.
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Mortgage Rates Creep Higher Despite Closed Markets MBS Day Ahead: Bonds at Least Have a Chance A mortgage-backed security (MBS) is a type of asset-backed security (an ‘instrument’) which is secured by a mortgage or collection of mortgages. The mortgages are sold to a group of individuals (a government agency or investment bank) that securitizes , or packages, the loans together into a security that investors can buy.