According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobs last month.
If you are currently in the market for, or are undecided about a mortgage, consider locking your mortgage rate today. Friday’s Non-Farm Payrolls report represents mortgage rate risk.
Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report.
Friday morning, the government’s Bureau of Labor Statistics will release its Non-Farm Payrolls report.
Friday morning, at 8:30 AM ET, the government releases its Non-Farm Payrolls report for September. Mortgage rates may rise if job growth was strong.
Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide.
Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?