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Mortgage Rates Rapidly Rising On Jobs Data; More Risk Ahead For Friday

By
Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

 

Non-Farm Payrolls Nov 2008-Oct 2010Mortgage rates are rising, up nearly 1 percent since mid-October. Tomorrow, rates could rise again.

The Bureau of Labor Statistics releases the November jobs report at 8:30 A.M. ET Friday. With a stronger-than-expected reading, mortgage rates should continue their climb, harming home affordability across Florida and nationwide.

And already, Wall Street is.....

 

Mortgage Rates Rapidly Rising On Jobs Data; More Risk Ahead For Friday

Comments(1)

Chandler Real Estate Liz Harris, MBA
Liz Harris Realty - Chandler, AZ
#ChandlerRealEstateAgent

I am on the edge of my seat!

Dec 05, 2010 03:37 PM