Tag Archives: economy
Jobs rise and so will rates
With the economy growing by 295,000 jobs in February, it looks like rising mortgage rates are here to stay. Continue reading
Who is homeownership for?
The homeownership rate fell to its lowest point in more than 20 years in the final quarter of 2014. Continue reading
Jobs report and mortgage rates
When policymakers and pundits talk about home affordability, they usually discuss mortgage interest rates and student loan debt. But the underlying problem is slow wage growth. Continue reading
OK jobs report brings lower rates
Mortgage borrowers who want rates to stay low have dodged another bullet with the release of the July jobs report. Continue reading
Oh, great, a good jobs report
What’s good for job-seekers is bad for mortgage shoppers. So today’s positive employment report is negative news for people who didn’t lock a mortgage rate earlier in the week. Continue reading
Rates, economy take toll on sales
A decline in September’s existing home sales didn’t surprise analysts. Continue reading
Jobs report kills hope of lower rates
Today’s jobs report for June has crushed hopes of lower mortgage rates and could actually make rates climb higher. Continue reading
Jobs report is just kinda blah
Today’s employment report for May is unlikely to do anything to mortgage rates. Continue reading
April jobs bring May rate hikes
Glad tidings about the economy are often bad news for mortgage shoppers, and that’s the case today. Continue reading
Housing market lifts spirits
Is the improving housing market enough to spur consumer spending? Continue reading