Category Archives: Jobs

August 2010 Jobs Report Pushes Mortgage Rates Higher

On the first Friday of each month, the Bureau of Labor Statistics releases Non-Farm Payrolls data for the month prior. 54,000 jobs were created in August. Continue reading

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Nervous About Mortgage Rates Rising? Lock Thursday — Ahead Of Friday’s Jobs Report

Analysts expect that a net 65,000 jobs were lost in July. Wall Street — and Main Street — have a big interest in those results.

Friday’s July Jobs Report Could Spur Mortgage Rates Higher Continue reading

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June’s Jobs Report Wasn’t As Bad As The Headlines (And How You Can Take Advantage)

At first glance, the June jobs report looks weak but a deeper look shows something different. Continue reading

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May 2010 Jobs Report Gives A Temporary Boost To Home Affordability

According to the government, 431,000 jobs were created in May, but of those new jobs, 95.4 percent represented temporary staffing for the 2010 Census. Home affordability is improving on the report. Continue reading

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Markets Ignore The April Jobs Report And It’s Good News For Mortgage Rates

Despite 290,000 jobs created in April 2010 — nearly twice the expected amount — and a 40 percent upward revision of March’s numbers, mortgage rates are essentially unchanged. In a normal environment, rates would be higher. Today is not normal. Continue reading

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