Posts Tagged ‘Jobs’
Last Friday, in its Non-Farm Payrolls report for the month of March, the Bureau of Labor Statistics announced 120,000 net new jobs created, plus combined revisions in the January and February reports of +4,000 jobs.
Tags: Jobs, Non-Farm Payrolls, Unemployment Rate
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If you’re floating a mortgage rate, or have yet to lock one in, today may be a good day to call your loan officer. Friday morning, the government releases its Non-Farm Payrolls report at 8:30 AM ET.
Tags: Jobs, Non-Farm Payroll, Unemployment Rate
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Mortgage markets improved last week as optimism for a Greek Bailout program faded. Rates are back near their lowest levels of the year.
Tags: Discount Points, Greece, Jobs
Posted in Mortgage Rates | Comments Off
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Mortgage markets improved last week on worries that Eurozone leaders would decline to send aid to Greece. These concerns overshadowed optimism for the U.S. economy, the result of several strong data points.
Tags: Eurozone, Greece, Jobs
Posted in Mortgage Rates | Comments Off
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Mortgage markets improved last week as a weakening Eurozone and questions about the U.S. economy sparked a global flight-to-quality. Conforming and FHA mortgage rates improved for the second week in a row.
Tags: Ben Bernanke, Eurozone, Jobs
Posted in Mortgage Rates | Comments Off
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The latest Non-Farm Payrolls survey from the Bureau of Labor Statistics shows that 117,000 net new jobs were created in July, thumping analyst estimates and surprising Wall Street investors.
Tags: Jobs, Non-Farm Payrolls, Unemployment Rate
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At 8:30 AM ET Friday, the Bureau of Labor Statistics will release the July 2011 Non-Farm Payrolls report. Mark it in your calendar. If you’ve been watching mortgage rates fall to new all-time lows this week and fear a mortgage rate reversal, Friday could be the day.
Tags: Jobs, Non-Farm Payrolls, Unemployment Rate
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The American Consumer will not be deterred. Despite worsening jobless figures and an increase in the Cost of Living, Retail Sales are climbing.
Tags: Consumer Spending, Jobs, Retail Sales
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Mortgage markets improved in roller coaster-like trading last week. And, not surprisingly, the week’s two big stories were the same two stories roiling mortgage markets since March — Greece and Jobs.
Tags: CPI, Greece, Jobs
Posted in Mortgage Rates | Comments Off
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The year is half-over. It’s an opportune time to take stock of analyst predictions made at the start of the year, and to recognize that the “experts” can be wrong as often as they are right.
Tags: Greece, Jobs, Volcano
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Friday morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its June Non-Farm Payrolls report. If you’re currently shopping for a mortgage, or floating a mortgage rate, be prepared. Mortgage rates can change following the monthly report’s release. Often, by a lot.
Tags: Jobs, Non-Farm Payrolls, Unemployment Rate
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Mortgage markets improved last week, carried by the same stories that have led markets better since April. Worries of a Eurozone sovereign debt default mounted, and the U.S. economy’s revival showed itself to be slower than originally anticipated.
Tags: Eurozone, Greece, Jobs
Posted in Mortgage Rates | Comments Off
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Tomorrow morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its Non-Farm Payrolls report for May. If you’re floating a mortgage rate right now — or are in the process of shopping for a loan — consider locking in.
Tags: Jobs, Non-Farm Payrolls, Unemployment Rate
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Mortgage markets improved last week ahead of Memorial Day and a 3-day weekend. Bond pricing ending the week higher, pushing conforming mortgage rates down for the 5th week out of six.
Tags: Austerity, Greece, Jobs
Posted in Mortgage Rates | Comments Off
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Friday, analysts expect to count another 190,000 jobs created. If the actual figure falls short, expect mortgage rates to ease. Otherwise, look for rates to rise. Probably by a lot.
Tags: Jobs, Non-Farm Payroll, Unemployment Rate
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Mortgage markets worsened last week as nuclear meltdown concerns eased across Japan, and the war within Libya moved closer to a potential finish.
Tags: Japan, Jobs, Weekly Review
Posted in Mortgage Rates | Comments Off
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Mortgage markets improved this week as positive economic data was overshadowed by geopolitical strife. A flight-to-quality drove buy-side activity in mortgage bond markets, which, in turn, helped conforming rates fall.
Tags: Egypt, Jobs, Mortgage Rates
Posted in Weekly Review | Comments Off
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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.
Tags: inflation, Jobs
Posted in Jobs | Comments Off
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Mortgage markets improved last week during a snow- and holiday-thinned series of sessions on Wall Street. This week, it’s back to normal.
Tags: Ben Bernanke, Jobs, Mortgage Rates
Posted in Weekly Review | Comments Off
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Mortgage rates are rising, up nearly 1 percent since mid-October. Tomorrow, rates could rise again.
Tags: ADP, Jobs, Non-Farms Payroll
Posted in Jobs | Comments Off
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Huge gains and losses characterized day-to-day trading last week. Overall, however, conforming mortgage rates improved.
Tags: FOMC, Jobs, Mortgage Rates
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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.
Tags: Jobs, Non-Farms Payroll, Unemployment Rate
Posted in Jobs | Comments Off
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This week, there’s a number of releases that should keep mortgage rates on the move — up and down — including Fed Minutes (Tuesday), Producer Price Index (Thursday), and Consumer Price Index, Retail Sales and a confidence survey (Friday).
Tags: Federal Reserve, Jobs, Mortgage Rates
Posted in Weekly Review | Comments Off
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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.
Tags: Home Affordability, Jobs, Non-Farms Payroll
Posted in Jobs | Comments Off
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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.
Tags: Jobs, Non-Farms Payroll
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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
Tags: Jobs, Non-Farms Payroll
Posted in Jobs | Comments Off
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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.
Tags: Jobs, Non-Farms Payroll, Unemployment Rate
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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.
Tags: Greece, Jobs, Mortgage Rates
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Mortgage markets improved last week on tame inflation data, a benign statement from the Federal Reserve, and ongoing credit problems in Greece. The factors combined to drop conforming mortgage rates to their lowest levels in 6 weeks.
Tags: Greece, Jobs, Mortgage Rates
Posted in Weekly Review | Comments Off
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