27 Months Of Consecutive Job Growth Helping Home Prices Rise
The 2013 housing market is expected to perform well. Job growth is playing a role in its recovery.
The 2013 housing market is expected to perform well. Job growth is playing a role in its recovery.
According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobs last month.
If you are currently in the market for, or are undecided about a mortgage, consider locking your mortgage rate today. Friday’s Non-Farm Payrolls report represents mortgage rate risk.
Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report.
Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide.
Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report. If you’re actively shopping for a mortgage, today may be a prudent day to lock a mortgage.
Since the jobs report’s release last Friday, mortgage rates are dropping.
The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.
When jobs come back, analysts say, so does the economy. That should push mortgage rates higher.
If you have plans to buy a Virginia Beach 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.