Blog tagged as Economy

Last week brought a mixed bag of economic news.  Mortgage rates rose slightly last week, trading was calm as many were on summer vacations.  It will be worth returning from vacation for this week as lots of items are on the economic calendar.

This week expect lots of rate volatility star...

Last week mortgage rates remained basically unchanged.  During he last two weeks the bond and mortgage markets have stayed in a narrow range. The 10 yr Treasury note, driver for mortgage rates, has been confined in a 6 bp range from 1.75% to 1.69%. The note has been unable to break strong ...

Mortgage rates saw little change last week amidst mixed economic news. Treasury auctions held on Tuesday, Wednesday and Thursday saw weak demand; this could have been caused by the FOMC minutes that were released on Wednesday.  The minutes indicated that some FOMC members supported ending the c...

The Bureau of Labor Statistics (BLS) issued its Job Openings and Labor Turnover report for February on Tuesday, April 9th, 2013.. The data was mixed with preliminary figures for all non-farm jobs increasing from 3.62 million jobs in January to 3.93 million jobs in February. This was the highest mont...