Mortgage Report: Stocks Finish Up Last Week on Strong Jobs and Unemployment Numbers
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Jobs and unemployment figures released last week revealed that the U.S. created 223,000 jobs in May and the unemployment rate sat at 3.8 percent — a positive for the economy that moved money out of the bond market and back into the stock market. But what does that mean for interest rates? Should we lock or float, and when?
In the face of so much change, we’re glad to have our most-trusted mortgage expert on tap! Hear what Bob Johnson (AKA BobMortgage) has to say in this week’s Mortgage Report, presented by the nation’s oldest private lender, Wallick & Volk.
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