Mortgage Rates Back at Recent Highs After Jobs Report

Home / Blog / Mortgage Rates Back at Recent Highs After Jobs Report

Posted To: Mortgage Rate Watch

Mortgage rates rose moderately today (depending on the lender). It was enough to bring them back to the highest levels since early August. Additionally, we can expect them to be slightly higher on Monday unless underlying bond markets improve in Asia and Europe. Reason being: there was additional weakness in bonds this afternoon and most lenders didn't go to the trouble of adjusting their rate sheet offerings to account for it (though several lenders did). Weakness in bonds equates to higher rates, in general. As for underlying causes, today was all about the big jobs report this morning. Typically, bond markets will weaken if the report shows stronger job creation. That wasn't exactly the case today. While the tally of new jobs was higher than expected, it wasn't an impressive result by the...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

b2c76a6d 5ffc 413b a3b4 84affdc3b61c 9b6d5ea9 f00a 4dfb ac10 48ef91cf8d63 2835fd0e 7f2e 4fd1 a8d4 294d4f81166e 88b1eeaf 1f82 4ce6 9a0d 2cc0668d7e54 9822256a 0b52 40d1 89f8 f0f6a9c2a023 8bcb5d47 4298 4a0d 9d04 5bdea47cfb5c 925a0e62 d923 4cd8 8f48 24afebc2d4e4 b97d149f ba6c 4f0f 879f 29b2d2a1030f 1c6c68c5 2cd3 4b67 8f3c 441f3867f106 1a31b874 2515 4a76 86e1 f936e3b7fae7 3f112d51 60ff 49cb 95da 24d62c7def50 bf1d2372 676f 45ec 9254 d6ecda92ba00 ad719c63 5d28 45c7 82a2 44c76ee702e7 f1a54c68 3e3c 4ca6 b2df 36c0b20b2958 34db242a a137 48e5 9b23 5a9449d72924 28436323 2cdc 4c38 833d 804a3a76af69 0ca924a0 990a 49f0 b293 d8191c0c127a 4060a9b5 6513 4d3e a839 c51acb9541f6 cba8aee5 778a 4779 b1e0 efba2cd53b43 ba0ce2d7 0bc0 4af7 a1e8 82db83a0a8e3 25538384 4d19 4414 9f7e 74f74aa837c1 63291345 cb97 4f54 a96c f0bd17622312 ebc2e5a3 f768 4e38 a4d6 12ed23802b47