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Tag Archives: Mbs
Jobs report tempers mortgage rates
The jobs picture improved slightly in July, but its impact on the housing recovery is more murky. Mortgage bankers shed 1,200 jobs, as their refinance business has dropped dramatically due to higher rates. The unemployment rate for young adults rose … Continue reading
Posted in Real Estate News
Tagged Bureau Of Labor, Bureau Of Labor Statistics, Chief Economist, Conforming Loan, Conforming Loans, Fannie Mae, Freddie Mac, High Hopes, homes millbrae, Household Formation, Jed Kolko, Mbs, Mortgage Backed Securities, Mortgage Bankers, Mortgage Rates, Other Government Agencies, Tempers, Treasuries, Trulia, Unemployment Rate, Young Adults
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