The Bureau of Labor Statistics released its monthly Non-farm Payrolls and National Unemployment Rate for April last Friday. These two reports are collectively called the Jobs Report. 165,000 jobs were added in April, while the unemployment rate dropped from 7.60 percent in March to 7.50 percent in April.
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.
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.
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.
For this month -- and for the rest of 2011-- employment data will figure big in mortgage markets and for home affordability. Last week's release is the first big splash.
According to the government, 431,000 jobs were created in May, but of those new jobs, 95.4 percent represented temporary staffing for the 2010 Census. Home affordability is improving on the report.
On the first Friday of every month, the Bureau of [...]