Homes Get More Affordable On March Jobs Data

April 10, 2012 By Doug Lindstrom

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.

Filed Under: Blog, Jobs & Employment, Market & Statistics Tagged With: Jobs, Non-Farm Payrolls, Unemployment Rate

Jobs Report Due Friday; Mortgage Rates Expected To Change

April 5, 2012 By Doug Lindstrom

If you’re out shopping for a home this week, or trying to lock a mortgage rate, with Friday comes home affordability risk. Consider locking your mortgage rate today.

Filed Under: Blog, Interest Rates, Jobs & Employment, Market & Statistics, Rates & Lending Tagged With: Bureau of Labor Statistics, Jobs Report, Non-Farm Payrolls

Mortgage Rates Expected To Rise On A Strong Job Report

March 8, 2012 By Doug Lindstrom

When jobs come back, analysts say, so does the economy. That should push mortgage rates higher.

Filed Under: Blog, Jobs & Employment, Market & Statistics Tagged With: Bureau of Labor Statistics, Non-Farm Payrolls, Unemployment Rate

Fewer Jobless Claims Suggests Higher Home Prices Ahead

February 14, 2012 By Doug Lindstrom

Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they’re right, the housing market is ripe for a boost.

Filed Under: Blog, Economy & Markets, Jobs & Employment, Market & Statistics Tagged With: Department of Labor, Initial Jobless Claims, Jobs

Home Affordability Threatened By Friday’s Jobs Report

February 2, 2012 By Doug Lindstrom

It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report.

Filed Under: Blog, Economy & Markets, Jobs & Employment, Market & Statistics Tagged With: Jobs Report, Non-Farm Payrolls, Unemployment Rate

Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

December 1, 2011 By Doug Lindstrom Leave a Comment

At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock.

Filed Under: Blog, Jobs & Employment, Market & Statistics Tagged With: Jobs Report, Non-Farm Payrolls, Unemployment Rate

More Risk To Home Affordability : Friday’s Jobs Report

November 2, 2011 By Doug Lindstrom Leave a Comment

Within the next 48 hours, mortgage rates may get bouncy. The Federal Open Market Committee will adjourn from a 2-day meeting and October’s Non-Farm Payrolls report is due for release. Of the two market movers, it’s the Non-Farm Payrolls report that may cause the most damage.

Filed Under: Blog, Jobs & Employment, Market & Statistics Tagged With: Jobs Report, Non-Farm Payrolls, Unemployment Rate

Retail Sales Expected To Rise; Mortgage Rates Should Rise, Too

October 15, 2011 By Doug Lindstrom Leave a Comment

The American Consumer is alive and well, it seems. Retail Sales are up 14 months in a row.

Filed Under: Blog, Jobs & Employment, Market & Statistics Tagged With: Census Bureau, Consumer Spending, Retail Sales

As Jobs Tally Fades, Mortgage Rates Fall

September 7, 2011 By Doug Lindstrom Leave a Comment

The U.S. economy is no longer adding new jobs.

Filed Under: Blog, Interest Rates, Jobs & Employment, Loan Programs, Market & Statistics, Rates & Lending Tagged With: Italy, Non-Farm Payrolls, Unemployment Rate

With The Jobs Report Looming, Mortgage Rates May Rise

September 1, 2011 By Doug Lindstrom Leave a Comment

If you’re shopping for a mortgage rate, today may be a good day to lock one down. That’s because Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report for August 2011.