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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.

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Unemployment Rate Drops To Lowest In 2 Years

This morning, at 8:30 AM ET, the Bureau of Labor Statistics released its Non-Farm Payrolls report for January 2011. Mortgage rates are rising in response.

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December’s Job Report : Good For Home Affordability

For this month — and for the rest of 2011– employment data will figure big in mortgage markets and for home affordability. Today’s release is the first big splash.

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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.

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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.

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

According to the government, 95,000 jobs were lost in September. Economists expected a net loss of 5,000. Mortgage rates should improve on the data today.

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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. 54,000 jobs were created in August.

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Float Your Rate into Friday’s Jobs Report

Analysts expect that a net 65,000 jobs were lost in July. Wall Street — and Main Street — have a big interest in those results.

Friday’s July Jobs Report Could Spur Mortgage Rates Higher

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

At first glance, the June jobs report looks weak but a deeper look shows something different.

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May 2010 Jobs Report Gives A Temporary Boost To Home Affordability

According to the government, 431,000 jobs were created in May, but of those new jobs, 95.4 percent represented temporary staffing for the 2010 Census. Home affordability is improving on the report.

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Markets Ignore The April Jobs Report And It’s Good News For Mortgage Rates

Despite 290,000 jobs created in April 2010 — nearly twice the expected amount — and a 40 percent upward revision of March’s numbers, mortgage rates are essentially unchanged. In a normal environment, rates would be higher. Today is not normal.

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