Tag Archives: jobs report
Jobs report brings relief to borrowers
Bad news for jobs can help mortgage borrowers. 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
Terrible jobs report but low rates
March jobs report is a brutal reminder for those who thought the economy was on the right track. Continue reading
Jobs report reaction: ‘Meh’
Mortgage rates are unlikely to change much in reaction to the January employment report, released this morning. Continue reading
Jobs, the Fed and your mortgage rate
The jobs market held steady in December even as Congress wrangled over tax increases and spending cuts. Continue reading
November jobs report: Surprise!
The jobs report wasn’t as bad as people expected — but don’t start jumping up and down just yet. Continue reading
Blah jobs report good for rates
The economy is recovering at a snail’s pace –maybe a little slower. But that’s good for mortgage rates. Continue reading
Bad jobs report = great rates
The disappointing May jobs report released this morning means bad news for the economy and for investors, but not for mortgage rates.
The unemployment rate inched up to 8.2 percent and the economy added only 69,000 jobs in May, says the Labor Departmen… Continue reading
More jobs, higher rates — maybe
The economy added 243,000 jobs in January. That’s the biggest gain since April and more than analysts had expected. The unemployment rate also fell slightly to 8.3 percent.
Great news! But not good enough to cheer up the 12.8 million people who remain … Continue reading
Will rates rise on jobs report?
The labor market took a small step forward in November, but when you read the fine print, the situation isn’t as rosy as it appears. Still, mortgage rates will likely rise amid the somewhat positive news.
The Labor Department reports that the unemploym… Continue reading