In response to Friday’s strong jobs report, mortgage rates have climbed higher, indicating a potential shift in the market trend for the year. Should labor data remain strong or continue to improve, it is possible that the current rates may be the lowest seen for the year. Industry experts are closely monitoring these developments to assess the impact on the mortgage market.
Key points:
– Strong jobs report on Friday led to an increase in mortgage rates
– Possibility that current rates are the lowest for the year
– Market experts are closely watching labor data for further developments and potential impacts on mortgage rates.
You can read this full article at: https://www.housingwire.com/articles/jobs-report-sends-mortgage-rates-higher/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
