Mortgage rates rose last week as investors gained confidence in the global economy
The 2013 housing market is expected to perform well. Job growth is playing a role in its recovery.
Mortgage rates rose during the first week of 2013.
Mortgage bonds improved last week, pushing mortgage rates lower nationwide.
According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobs last month.
If you are currently in the market for, or are undecided about a mortgage, consider locking your mortgage rate today. Friday’s Non-Farm Payrolls report represents mortgage rate risk.
Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report.
Friday morning, the government’s Bureau of Labor Statistics will release its Non-Farm Payrolls report.
Mortgage markets worsened last week for the first time in a month last week.
Friday morning, at 8:30 AM ET, the government releases its Non-Farm Payrolls report for September. Mortgage rates may rise if job growth was strong.