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Entries Tagged as 'The Economy'

Homes Get More Affordable On March Jobs Data

April 10th, 2012 · Comments Off on Homes Get More Affordable On March Jobs Data

Last Friday, in its Non-Farm Payrolls report for the month of March, the Bureau of Labor Statistics announced 120,000 net new jobs created, plus combined revisions in the January and February reports of +4,000 jobs.

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Tags: The Economy

Jobs Report Due Friday; Mortgage Rates Expected To Change

April 5th, 2012 · Comments Off on Jobs Report Due Friday; Mortgage Rates Expected To Change

If you’re out shopping for a home this week, or trying to lock a mortgage rate, with Friday comes home affordability risk. Consider locking your mortgage rate today.

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Tags: The Economy

Mortgage Rates Climb Sharply After Retail Sales Report

March 15th, 2012 · Comments Off on Mortgage Rates Climb Sharply After Retail Sales Report

The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.

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Tags: The Economy

With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow

February 15th, 2012 · Comments Off on With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow

If you have plans to buy a home in 2012, the best time to buy may be now. Today’s mortgage rates are low and so are the home prices — a combination that’s unlikely to last.

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Tags: The Economy

Fewer Jobless Claims Suggests Higher Home Prices Ahead

February 14th, 2012 · Comments Off on Fewer Jobless Claims Suggests Higher Home Prices Ahead

Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they’re right, the housing market is ripe for a boost.

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Tags: The Economy

Home Affordability Set To Worsen On Thursday’s Retail Sales Data

January 11th, 2012 · Comments Off on Home Affordability Set To Worsen On Thursday’s Retail Sales Data

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.

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Tags: The Economy

Lock Your Mortgage Rate : New Loan Fees Expected Within Days

January 10th, 2012 · Comments Off on Lock Your Mortgage Rate : New Loan Fees Expected Within Days

Starting soon, nearly all home buyers and refinancing households nationwide will pay higher mortgage loan fees. Congress has made it law.

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Tags: The Economy

Housing And Mortgage : The Experts Make Their 2012 Predictions

January 4th, 2012 · Comments Off on Housing And Mortgage : The Experts Make Their 2012 Predictions

As the new year begins, there are no shortage of stories telling us what to expect in 2012.

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Tags: The Economy

Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

December 1st, 2011 · Comments Off on Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock.

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Tags: The Economy

More Risk To Home Affordability : Friday’s Jobs Report

November 2nd, 2011 · Comments Off on More Risk To Home Affordability : Friday’s Jobs Report

Within the next 48 hours, mortgage rates may get bouncy. The Federal Open Market Committee will adjourn from a 2-day meeting and October’s Non-Farm Payrolls report is due for release. Of the two market movers, it’s the Non-Farm Payrolls report that may cause the most damage.

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Tags: The Economy