Mortgage Rates Side-Step Ahead of Jobs Report

Home / Blog / Mortgage Rates Side-Step Ahead of Jobs Report

Posted To: Mortgage Rate Watch

Mortgage rates were sideways to slightly lower today, depending on the lender. The discrepancy stems from mid-day bond market gains that were just barely enough for a few lenders to go to the trouble of revising their mortgage rate sheets before the end of business. In other words, if bonds were to hold in similar territory by tomorrow morning, we'd likely see most lenders offering slightly better deals. There's a big question mark over tomorrow morning, however, due to the important jobs report set to be released at 8:30am ET. This is traditionally the most important economic report of any given month when it comes to interest rate reactions. While it can occasionally fail to cause a stir, it should always be respected for it's volatility-inducing potential. The timing of the data means that...(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...

9c97df07 36b9 4028 80c5 754101e08b84 6fa9c792 91e2 4fef bbc4 1c30ef485b0e 289961b6 f5ca 4e8f a157 cfb41b1b4546 77bc8d7a c533 4cf6 a8c8 bdb31bd78b02 4d2e0265 ab6a 41e4 8dd2 d0615b36fde9 db1e2b58 ef5d 41e0 a305 9fb9def88bd7 e783bd3b 0e64 43c0 a12c de2f953fe32a c8fd5d94 9b87 4c66 8a23 7d89ed8b542e 8ae41c7b 1065 432e 8d79 169ca9bb6a82 adb483bf 7c59 4089 a6fa 7d47dcfbece0 94ffe6ec d5f6 44ac a8a0 a676053aa53a 6ae9e3ec e4cb 4a65 86d1 487fdeffd898 ba2e6fb8 7bd0 449a a46a f44d847ee28f 53bf8483 2054 4e6a 8d9e a78f800c52e3 485dca3e 7883 4d12 9346 81a7c990436b 1966ed05 8cb4 4252 9f30 5a3802344387 69a9fae6 1c57 4271 8f07 8d58f5833fb6 22477240 39d2 4b60 ba4c 42c0e5da7f39 0dd69a90 e5a3 4fa6 a910 d13ed35db6b2 a7790f5a 92f7 492e 8838 02d2c1a88474 841aeaee 4d41 49dd aeea a421db74b7b2 e6c6f67f 807b 4a89 b8a3 72b0880b8a9d 5778efdb ff32 4ae3 9463 d13a63574ff6