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Tag Archive | "employment"

Mortgage Outlook for the Week of October 31, 2011

Although there was volatility in the market last week, when all was said and done, mortgage rates remained flat for the week. Last week it looked as though a deal was in place to prevent the much feared debt default in the Eurozone. This week there appears to be doubt about the proposed “solution”, which […]

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Mortgage Market Update for October 26, 2011

Greece, Greece, Greece The market is closely watching and waiting for a resolution to the Greek debt default drama playing out in Europe. This headache for the markets, in addition to the continued fears about the United States’ economic health, have played key roles in pushing US mortgages rates to historic record lows over the […]

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Mortgage Rates Move Lower on Weak Jobs Data

The Bureau of Labor Statistics released unexptected  employment data this morning in the form of the “Jobs Report” resulting in a decrease in mortgage rates. Mortgage rates are senstiive to the jobs report because jobs are what provide the income that is spent to power the economy. The data released showed that Nonfarm payroll employment […]

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Can You Change Jobs Before Closing on Your Home?

Some of life’s biggest changes occur at the same time, even when you don’t plan it that way. It may just happen that you get a job offer that could greatly benefit your career with your closing date looming just weeks ahead. While your first instinct may be to reply with an ecstatic “YES!”; you […]

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