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What’s Ahead For Mortgage Rates This Week – October 17, 2016

October 17th, 2016 · Comments Off on What’s Ahead For Mortgage Rates This Week – October 17, 2016

Job openings were lower in August after hitting an all-time high in July according to the federal government. Job openings fell to 5.44 million in August as compared to July’s reading of 5.83 million job openings, Job openings reached 5.31 million in August of 2015. Job quits were unchanged in August with a reading of 3.0 million quits; the quits rate was 2.20 percent. There were 5.4 million hires in August as compared to 5.8 million hires in July. The hiring rate held steady at 3.60 percent.

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Tags: Mortgage Rates