Tag Archives: unemployment

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

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Jobs report: Surprise!

The unemployment rate unexpectedly fell to 7.8 percent, the lowest level in nearly four years. Good news for the president. Not so good for borrowers. Continue reading

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Jobs situation: Not as bad, not great

The economy added 227,000 new jobs in February, according to a report released this morning. That’s not bad but not as good as January, when 284,000 new jobs were added.
The unemployment rate held steady at 8.3 percent, which is the lowest level it has… Continue reading

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2012 housing outlook

Fasten your seatbelts for another “bumpy ride” in the housing market next year, says Freddie Mac’s chief economist Frank Nothaft.
The mortgage company, now administered by the government along with Fannie Mae, published its outlook for 2012. While mort… Continue reading

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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

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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

Posted in Mortgages | Tagged , , | Comments Off on Will rates rise on jobs report?