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...

dcd58d35 3c12 40dc b6ee 4baebe32cbc5 682f16cf ca85 4fab a17b a6fe8374547b 4ee92d3f 6b98 405e b3d5 19b325131544 4780970e ead2 41e8 8881 f6cf912bf197 e78df808 60ed 4ed4 9421 064fb018383e fa909a2e 9a3b 4afa b55e 44f56613b6f4 a2e57caa 5942 4b1e 8ab1 cd4a02b90ae0 5f4ffbec aa50 4f79 9157 92daa1a4699f f1ab6d80 ad8b 476f 8ede 577d0aaf7ea4 8d4ad7ee d1d7 4291 b6cb 622de8c8a1bf b300d60f ca88 42f4 a0e4 f68b29be50ab 72d7d6bb e625 44b8 bf41 3e9d1bb0c65e 5f26e750 beff 4644 ac35 39a22059161d 6b7fcac6 9676 48c6 989e 49572d69e50a 07220cbc a22c 4e45 a6f2 f682d5f88f1d 3665d141 561b 4244 a196 001e0cf71d73 9286493e 95e3 47a0 aaf8 7191a2056137 148c83dc 1efd 4eec 8b5c 3f92004d9875 175915f9 f9a6 492f 98bb 133d17285022 10f29aed d542 47e7 9cca 4afdc55eba33 a4eb06be 22ce 4a5e a259 e5dccd4533ae 62babff1 0f47 4dcf 84f4 adf51c7b19e9 f06c040f 63ca 45a1 85fe 18a1f18ff35f