Federal Jobs Report Shows Largest Increase Since 2008- Mortgage Rates Remain Steady

Federal Jobs Report Shows Largest Increase Since 2008- Mortgage Rates Remain Steady

The Bureau of Labor Statistics (BLS) issued its Job Openings and Labor Turnover report for February on Tuesday, June 9th, 2013. The data was mixed with preliminary figures for all non-farm jobs increasing from 3.62 million jobs in January to 3.93 million jobs in February. This was the highest … [Read more...]

Surprisingly Strong Jobs Report May Affect Bay Area Mortgage Rates

Last week's jobs report -- a combination of the Department of Labor's Non-farm Payrolls Report and Unemployment Rate -- provided investors and job seekers with unexpected good news. Job growth for February handily exceeded most economists expectations of 160,000 by adding 236,000 new … [Read more...]

Fridays Jobs Report Could Impact Pleasanton Mortgage Rates- Plan Ahead

Fridays Jobs Report Could Impact Pleasanton Mortgage Rates- Plan Ahead

  Been shopping for a mortgage rate for your Pleasanton Purchase or Refinance? You may want to lock something down. Tomorrow morning, May 4th 2012 mortgage rates are expected to change. Unfortunately, we don't know in which direction they'll move. To Be or Not to Be.., Locked It's a risky … [Read more...]

Bay Area Mortgage Rates This Week, April 9, 2012- Jobs Playing Roll

Bay Area Mortgage Rates This Week, April 9, 2012- Jobs Playing Roll

In a week of up-and-down trading, mortgage markets improved for the second consecutive week last week. Weaker-than-expected jobs data plus evidence of a slumping Eurozone took mortgage bonds lower, capped by a furious Friday morning rally that dropped mortgage rates to near-record … [Read more...]

Employment Report Due Friday; Pleasanton Mortgage Rates Expected To Change

Employment Report Due Friday; Pleasanton 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. Jobs Report The March Non-Farm Payrolls report is due for release Friday morning and mortgage rates are expected to … [Read more...]

Bay Area Home Affordability Threatened By Friday’s Jobs Report

This week, once more, we find mortgage rates are on a downward trajectory. Conforming mortgage rates have returned to near all-time lows. After Friday morning's Non-Farm Payrolls report, however, those low rates may come to an end. It's a risky time for California home buyers and would-be … [Read more...]

Friday’s Jobs Report- A Big Risk To Low Pleasanton, CA Mortgage Rates

Friday’s Jobs Report- A Big Risk To Low Pleasanton, CA Mortgage Rates

  Have you been floating a mortgage rate for your purchase or refinance? It may be time to lock. At 8:30 AM ET Friday, the government's Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Better known as "the jobs report", the monthly Non-Farm Payrolls figures … [Read more...]

Bay Area Interest Rate Alert: Friday’s Jobs Report Could Move Rates Higher

Bay Area Interest Rate Alert: Friday’s Jobs Report Could Move Rates Higher

  Within the next 48 hours, Bay Area 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. Market Movers Of the two market movers, it's the Non-Farm Payrolls report that may cause the … [Read more...]

Jobs Report Scheduled Friday- Have a Mortgage Rate Locking Strategy Ready

Jobs Report Scheduled Friday-  Have a Mortgage Rate Locking Strategy Ready

  Mortgage rates are poised to make big moves in the next 36 hours. Is it time for you to call in your rate lock on your home purchase or Refinance? The "Jobs Report" Friday, at 8:30 AM ET, the Bureau of Labor Statistics will release the Non-Farm Payrolls report for September. Issued … [Read more...]

Mortgage Rates This Week- Bernanke Set to move markets on Thursday

Mortgage Rates This Week- Bernanke Set to move markets on Thursday

Mortgage markets improved last week on a weak jobs report, expectation for new market stimulus, growing evidence of a global economic slowdown. Rates were especially volatile, too, with the long Labor Day Weekend looming. Overall, conforming mortgage rates in California improved for the first time … [Read more...]