C21AGVoices

The American Consumer is alive and well, it seems. Retail Sales are up 14 months in a row.

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Mortgage rates are prepped to make big moves in the next 36 hours. Is it time for you to call in your rate lock?

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Mortgage rates are prepped to make big moves in the next 36 hours. Is it time for you to call in your rate lock?

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The U.S. economy is no longer adding new jobs.

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If you’re shopping for a mortgage rate, today may be a good day to lock one down. That’s because Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report for August 2011.

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The latest Non-Farm Payrolls survey from the Bureau of Labor Statistics shows that 117,000 net new jobs were created in July, thumping analyst estimates and surprising Wall Street investors.

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Mortgage rates continue drifting downward, despite — or because of — a ratings downgrade on long-term U.S. government debt.

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At 8:30 AM ET Friday, the Bureau of Labor Statistics will release the July 2011 Non-Farm Payrolls report. Mark it in your calendar. If you’ve been watching mortgage rates fall to new all-time lows this week and fear a mortgage rate reversal, Friday could be the day.

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Today’s debt ceiling agreement will be a major force in mortgage markets and home affordability. Are you prepared for it?

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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.

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