Tag Archives: job creation

Massive downward jobs revision not budging mortgage rates

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Rebenchmarking that suggests the U.S. added 911,000 fewer jobs than previously thought generates political heat but was widely expected by economists and investors. Continue reading →

Rising wages and job growth pushed pending home sales up slightly in May

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New numbers from the National Association of Realtors show that pending sales rose 1.1 percent year over year in May. Continue reading →

Weak jobs, manufacturing reports provide no relief for mortgage rates

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Hurricanes and strikes were expected to dent job creation, and bond market investors are looking ahead to next week’s election, Fed meeting and government bond auctions. Continue reading →