If you’re floating a mortgage rate, or have yet to lock one in, today may be a good day to call your loan officer. Friday morning, the government releases its Non-Farm Payrolls report at 8:30 AM ET.
Tag Archive: Jobs
Florida Mortgage Rate Update for the Week of November 7, 2011
Mortgage markets improved last week as optimism for a Greek Bailout program faded. Rates are back near their lowest levels of the year.
Florida Mortgage Update for the Week of October 24, 2011
Mortgage markets improved last week on worries that Eurozone leaders would decline to send aid to Greece. These concerns overshadowed optimism for the U.S. economy, the result of several strong data points.
Florida Mortgage Update for the Week of September 12, 2011
Mortgage markets improved last week as a weakening Eurozone and questions about the U.S. economy sparked a global flight-to-quality. Conforming and FHA mortgage rates improved for the second week in a row.
Florida Mortgage Update for the Week of July 11, 2011
Florida mortgage markets improved in roller coaster-like trading last week. And, not surprisingly, the week’s two big stories were the same two stories roiling mortgage markets since March — Greece and Jobs.
Mid-Year Review : Were The Experts Right About The Market?
The year is half-over. It’s an opportune time to take stock of analyst predictions made at the start of the year, and to recognize that the “experts” can be wrong as often as they are right.
Economy Expected To Have Added 80,000 Jobs In June
Friday morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its June Non-Farm Payrolls report. If you’re currently shopping for a mortgage, or floating a mortgage rate, be prepared. Mortgage rates can change following the monthly report’s release. Often, by a lot.
Orlando Mortgage Update for the Week of June 6, 2011
Orlando mortgage markets improved last week, carried by the same stories that have led markets better since April.
Orlando Mortgage Update for the Week of May 31, 2011
Mortgage markets improved last week ahead of Memorial Day and a 3-day weekend. Bond pricing ending the week higher, pushing conforming mortgage rates down for the 5th week out of six.
Lock Now! Friday’s Job Report Expected To Push Mortgage Rates Up.
Friday, analysts expect to count another 190,000 jobs created. If the actual figure falls short, expect mortgage rates to ease. Otherwise, look for rates to rise. Probably by a lot.
