Mortgages are lower after a stronger-than-expected employment report. Nonfarm payrolls rose by 146k vs. the consensus of +85k. The headline rate dropped to 7.7% from 7.9% a month ago. A weak report would have been easy to...
. Although strong, the report is actually a bit of a mixed bag for mortgage rates. Typically, a strong job print is bearish for mortgage bonds. Today, however, our downside is limited as this is good news for Obama. The...
With rates staying so low, you may be considering to refinance your home loan. However, make sure you're aware of the top four refinancing mistakes so that you can avoid them! 1. Refinancing When You Shouldn'tMaybe...