Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

What’s Ahead For Mortgage Rates This Week – January 13th, 2020
Last week’s economic reports included readings on public and private sector jobs, the national unemployment rate and weekly readings on mortgage rates and new unemployment claims.
ADP: Private-Sector Job Growth Eases in December
Private-sector jobs increased by 202,000 jobs in December and exceeded expectations. November’s original reading of 60,000 new private-sector jobs was revised to 124,000 jobs.
Three and six-month average private-sector job growth rates were 159,000 and 151,000 jobs, but these growth rates fell short of 2018’s average monthly job growth rate of 218,000 jobs added.
Analysts said that private-sector job growth has settled into a more modest but steady pattern.
Non-Farm Payrolls: Public and Private-Sector Job Growth Slower in December
The Commerce Department reported 145,000 public and private-sector jobs added in December with 145,000 new jobs reported. Analysts expected 165,000 new jobs added, which was markedly less than 256,000 new jobs added in November.
Reduction in new jobs during December was likely due to slowing in holiday hiring and winter weather. Average hourly earnings for December rose by 0.10 percent and were lower than expectations of  0.30 percent growth. Slower wage growth contributed to predictions of slowing economic growth.
The national unemployment rate was unchanged at 3.50 percent in December.
Mortgage Rates, Weekly Jobless Claims Fall
Freddie Mac reported ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention