4
Feb

The January 2010 Jobs Report may lead mortgage rates and home prices higher

  On the first Friday of every month, the U.S. government releases its Non-Farm Payrolls data from the month prior. The data is more commonly known as “the jobs report” and it swings a big stick on Wall Street.  Especially now — many analysts believe job growth is tightly linked to the future of the [...]

1
Feb

What’s ahead for mortgage rates this week: February 1, 2010

  In a news-heavy week, mortgage markets improved last week, adding to a 3-week rally.  But, given last week’s data and domestic story lines, it’s surprising that rates actually fell. The Federal Reserve said the economy continues to strengthen Consumer Confidence pushed to a 2-year high 4th Quarter domestic output exceeded Wall Street’s expectations Usually, [...]