Florida mortgage rates are still quite low, but positive economic news points to rates moving higher very soon.
Tag Archive: Non-Farm Payrolls
As Jobs Rate Improves Florida Mortgage Rates Move Up
It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report.
Florida Mortgage Rates May Climb as Retail Sales Go Up
Consumer spending continues to rise nationwide, fueled by jobs growth and a rosier outlook for the U.S. economy. Unfortunately for mortgage rate shoppers, it may also lead to higher mortgage rates later this week.
Florida Mortgage Rate Update for the Week of November 28, 2011
Expect mortgage rates to be volatile this week. Your quoted mortgage rates could vary by as much as a quarter-percent from day-to-day.
Florida Mortgage Update for the Week of October 31, 2011
Mortgage markets moved across a wide range last week before, ultimately, finishing unchanged. The bailout of Greece both dominated headlines and dictated market direction.
Florida Mortgage Update for the Week of October 11, 2011
Mortgage markets worsened last week as safe haven buying eased and demand for mortgage-backed bonds dropped. As in most weeks since March 2011, Greece and U.S. jobs dictated market direction.
A Mortgage Rate Strategy Ahead Of Friday’s Jobs Report
Mortgage rates are prepped to make big moves in the next 36 hours. Is it time for you to call in your rate lock?
Florida Mortgage Update for the Week of August 1, 2011
Mortgage markets improved last week as the U.S. debt ceiling debate continued on Capitol Hill. Bonds traded in a range Monday through Thursday before breaking higher Friday morning.
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.
Florida Mortgage Update for the Week Of July 5, 2011
Mortgage markets worsened last week as Wall Street’s renewed optimism pushed equities to their best one-week gain in close to 12 months.
