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Fed Meeting Statement Points To Continuing Low Interest Rates

Posted on May 2, 2013 by admin

Wednesday’s Federal Open Market Committee (FOMC) statement indicates the Federal Reserve’s commitment to keeping long term interest rates and inflation under control. Continue reading →

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Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data

Posted on January 3, 2013 by admin

For Thursday and Friday, expect jobs data to dictate where mortgage rates are headed. Continue reading →

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October Jobs Report Blows Away Estimates; Mortgage Rates Falling

Posted on November 6, 2012 by admin

Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report. Continue reading →

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Homes Get More Affordable On March Jobs Data

Posted on April 10, 2012 by admin

Last Friday, in its Non-Farm Payrolls report for the month of March, the Bureau of Labor Statistics announced 120,000 net new jobs created, plus combined revisions in the January and February reports of +4,000 jobs. Continue reading →

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Fewer Jobless Claims Suggests Higher Home Prices Ahead

Posted on February 14, 2012 by admin

Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they’re right, the housing market is ripe for a boost. Continue reading →

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Are You Locked ? Friday’s Job Report Will Make Mortgage Rates Move.

Posted on January 5, 2012 by admin

If you’re floating a mortgage rate, or have yet to lock one in, today may be a good day to call your loan officer. Friday morning, the government releases its Non-Farm Payrolls report at 8:30 AM ET. Continue reading →

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