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Ishakis Finance Report Mortgage Broker Brooklyn

Loan Officer Yael Ishakis’s take on mortgage and finance news.

Category: Jobs

Make A Mortgage Rate Plan BEFORE Friday’s Jobs Report

Mortgage rates could move higher beginning tomorrow morning. The Bureau of Labor Statistics releases its February jobs report at 8:30 AM ET.

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Published March 3, 2011
Categorized as Jobs Tagged Non-Farm Payrolls,Unemployment

Unemployment Rate Drops To Lowest In 2 Years

This morning, at 8:30 AM ET, the Bureau of Labor Statistics released its Non-Farm Payrolls report for January 2011. Mortgage rates are rising in response.

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Published February 4, 2011
Categorized as Jobs Tagged Non-Farm Payrolls,Unemployment Rate

December’s Job Report : Good For Home Affordability

For this month — and for the rest of 2011– employment data will figure big in mortgage markets and for home affordability. Today’s release is the first big splash.

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Published January 7, 2011
Categorized as Jobs Tagged Jobs,Inflation

Mortgage Rates Rapidly Rising On Jobs Data; More Risk Ahead For Friday

Mortgage rates are rising, up nearly 1 percent since mid-October. Tomorrow, rates could rise again.

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Published December 2, 2010
Categorized as Jobs Tagged Jobs,Non-Farms Payroll,ADP

Today’s Jobs Report Will Keep Mortgage Rates Highly Volatile

Mortgage rates have been falling since April, shedding more than 1 percentage point since the Refi Boom began. Today, that momentum could lose some steam.

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Published November 5, 2010
Categorized as Jobs Tagged Jobs,Non-Farms Payroll,Unemployment Rate

Jobs Data Shows Private Sector Growth, Hints At Lower Mortgage Rates

According to the government, 95,000 jobs were lost in September. Economists expected a net loss of 5,000. Mortgage rates should improve on the data today.

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Published October 8, 2010
Categorized as Jobs Tagged Jobs,Non-Farms Payroll,Home Affordability

August 2010 Jobs Report Pushes Mortgage Rates Higher

On the first Friday of each month, the Bureau of Labor Statistics releases Non-Farm Payrolls data for the month prior. 54,000 jobs were created in August.

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Published September 3, 2010
Categorized as Jobs Tagged Jobs,Non-Farms Payroll

Nervous About Mortgage Rates Rising? Lock Thursday — Ahead Of Friday’s Jobs Report

Analysts expect that a net 65,000 jobs were lost in July. Wall Street — and Main Street — have a big interest in those results.

Friday’s July Jobs Report Could Spur Mortgage Rates Higher

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Published August 5, 2010
Categorized as Jobs Tagged Jobs,Non-Farms Payroll

June’s Jobs Report Wasn’t As Bad As The Headlines (And How You Can Take Advantage)

At first glance, the June jobs report looks weak but a deeper look shows something different.

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Published July 7, 2010
Categorized as Jobs Tagged Jobs,Non-Farms Payroll,Consumer Spending

Markets Ignore The April Jobs Report And It’s Good News For Mortgage Rates

Despite 290,000 jobs created in April 2010 — nearly twice the expected amount — and a 40 percent upward revision of March’s numbers, mortgage rates are essentially unchanged. In a normal environment, rates would be higher. Today is not normal.

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Published May 7, 2010
Categorized as Jobs Tagged Jobs,Greece,Mortgage Rates

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