CONVENTIONAL 30: 7.625%/7.78 APR
CONVENTIONAL 15: 7.375%/7.618 APR
VA 30: 7.375%/7.672% APR
FHA 30: 7.375%/8.212% APR
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Jobs Data is In
BLS Jobs Report show 336k New Jobs Created in September, much stronger than 170k estimated. More jobs = Pressure on Mortgage Rates.
Where are the New Jobs coming from: Part Time workers and Multiple job holders. So, this gives you a bit of a different picture showing cracks in a job picture that may not be nearly as good as these general numbers show, we shall see!
Next Week -
Monday - Markets Closed for Columbus Day
Tuesday - Small Business Optimism Index
Wednesday - Producer Price Index and Mortgage Apps
Thursday - Consumer Price Index and Initial Jobless Claims
Friday -
*Your Actual Rate, Payment, and Costs could be higher. Get an official Loan Estimate Prior to Choosing a home
Credit Score Used for Analysis: 780
Discount fee: 1%
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Need A Quick Pre-Approval?......Your Home Application here:
https://mtgpro.co/dr/c/coeap
Schedule a meeting with me:
https://calendly.com/noels-1/30min
We're available!
The Smith Group
SmithGroup@fairwaymc.com
208.406.2451
