Jobs data sends mortgage rates higher. Labor data overpowers inflation progress. February 2, ... don’t look at one to two positive or negative job reports; take the longer-term trend.

Today's much-anticipated jobs report ended up coming out much stronger than expected.  A stronger result was all but guaranteed to cause carnage (relative) in the mortgage market and that&#39 ...

After today's route, that rate is now almost perfectly centered on the 7.25% level (mortgage rates are typically offered in 0.125% increments). These are the highest levels since May 2024.

Mortgage rates did break under 6% yesterday for the first time in a while, only to retrace 0.20% basis points higher from 5.99% to 6.19%. This is a breakdown of the jobs created this month.

Rising mortgage rates increasingly restrict U.S. homeowners from relocating for employment opportunities, as they face higher financial penalties for moving due to previously locked-in lower rates ...

Mortgage rates are dropping fast after a shock jobs report set off a series of dominoes on Wall Street—The housing market can thank Detroit’s striking auto workers Fortune · Chen Mengtong ...

We Get Either 4% Mortgage Rates or a Stable Job Market A soft landing will limit Fed easing. For a substantial decline in home-loan rates we need to see a substantial increase in unemployment.

The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed rate ...

Mortgage rates are a critical factor influencing the decisions of home buyers, mortgage lenders, and real estate investors. ... job reports, and inflation reports. As such, ...

SEATTLE, August 08, 2024--(NASDAQ: RDFN) — Mortgage rates dropped to their lowest level since April 2023 early this week, falling to a daily average of 6.34% on August 5, according to a new ...

Mortgage rates eased on Thursday for the second consecutive week following the release of the latest inflation report, which showed that consumer prices rose less than predicted in May. The ...

Stock Reports; Home News Opinion We get either 4 percent mortgage rates or a stable job market. We get either 4 percent mortgage rates or a stable job market A soft landing will limit Fed easing.