DAILY MORTGAGE RATE UPDATE 10-05-18

The solid September Jobs Report pushed Mortgage Rates are a bit lower this morning, despite a decline in the Stock markets.

Job growth slowed in September due to Hurricane Florence, but July and August were revised higher while the Unemployment Rate fell to a 50-year low.

Heading into the weekend, I am recommending locking until I can see some stabilization for Rates.

I think everybody should get rich and famous and do everything they ever dreamed of so they can see that it’s not the answer.

-Jim Carey

*The views, articles, postings and other information listed on this website are personal and do not necessarily represent the opinion or the position of American Pacific Mortgage Corporation.

 

 

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