With the release of the February Jobs Report showing a higher-than expected jump in employment, experts speculate what this may mean for next week’s FOMC meeting.
Read More »Wage Growth Highest in 7 Years
Though job gains fell slightly short of expectations, the latest employment summary from the BLS was largely positive. Will it be enough to push the Fed to raise rates in Decmeber?
Read More »Low Rates Bring in the Mortgage Applications
Mortgage rates moved lower this week after a dismal jobs report, sparking buyers to rush to the market and take out a mortgage loan.
Read More »Did the Jobs Report Bring Good Housing News?
The nation’s unemployment rate took a tumble from April to May—but did the jobs report really bring good news for the economy and for housing? Not exactly.
Read More »What Does the Disappointing Jobs Report Means for Housing?
A mostly disappointing April jobs report from the Bureau of Labor Statistics on Friday, combined with recent turbulence that includes a 0.5 percent GDP estimate for the first quarter, has many wondering whether another economic slowdown is on the way.
Read More »December Jobs Report Outdoes itself, Once Again
Many in the mortgage industry were anxiously waiting to view the results of the final jobs report of 2015 to see if the Federal Reserve was on track with its rate hike in December or did they act too fast?
Read More »Is Solid Jobs Report Enough for a Rate Hike?
"This should put to bed any doubts about whether the Fed will announce a rate increase later this month. Barring something completely out of left field between now and then, liftoff will commence with a quarter-point rate increase to the target federal funds rate." - Curt Long, Chief Economist for the National Association of Federal Credit Unions
Read More »Interest Rates Continue to Drop Following Disappointing Jobs Report
Mortgage interest rates fell to 3.76 percent for the week ending October 8, 2015, after a weak September jobs report.
Read More »BLS Jobs Reports Shows ‘Disappointing’ Growth
After months of solid gains with the administration touting that the labor market is at its healthiest level since the turn of the century, payroll employment increases for March fell well short of expectations with just 126,000 jobs added, according to data released the Bureau of Labor Statistics on Friday.
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