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Job Growth Returning To "Normal" Levels -- A Bad Sign For Mortgage Rates

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

Job Growth (2000-2011)

Be prepared for Friday morning. Mortgage rates and home affordability could worsen quickly. At 8:30 AM ET, the Bureau of Labor Statistics releases its April Non-Farm Payrolls report and momentum has been strong.

The monthly jobs report is a market-mover and analysts expect that 196,000 new jobs were added last month. If those expectations are...

 

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Job Growth Returning To "Normal" Levels -- A Bad Sign For Mortgage Rates

 

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