Employment Report: 247K Jobs Lost, 9.4% Unemployment Rate
From the BLS:
Nonfarm payroll employment continued to decline in July (-247,000),
and the unemployment rate was little changed at 9.4 percent,
the U.S. Bureau of Labor Statistics reported today.
The average monthly job loss for May through July (-331,000)
was about half the average decline for November through April (-645,000).
In July, job losses continued in many of the major industry sectors.
Interest Rates – 10 Yr Treasuries
Comments: Interest rates are higher on the employment data,
continuing a trend of higher interest rates that began back in December ’08.
Don’t expect this trend to reverse anytime soon.
Today’s Mortgage Rates
| Date: Aug 7, 2009 |
|
|
|
|
|
| |
| 30 Yr Fixed |
| 5/1 ARM |
| 7/1 ARM |
| FHA- 30 Yr |
|
| Rate | Price | Rate | Price | Rate | Price | Rate | Price |
| 4.750% | 1.625 | 4.000% | 0.875 | 4.500% | 0.750 | 5.500% | Par |
| 4.875% | 0.875 | 4.125% | 0.625 | 4.625% | 0.375 |
|
|
| 5.000% | 0.500 | 4.250% | 0.250 | 4.750% | 0.125 |
|
|
| 5.125% | 0.000 | 4.375% | -0.125 | 4.875% | -0.250 |
|
|
| 5.250% | -0.500 | 4.500% | -0.375 | 5.000% | -0.500 |
|
|
| 15 Yr Fixed |
| 10/1 ARM |
| VA - 30 Yr |
| USDA RH | 30 YR |
| Rate | Price | Rate | Price | Rate | Price | Rate | Price |
| 4.250% | 0.750 | 4.625% | 1.625 | 5.500% | FICO>640 | 5.75% | Par |
| 4.375% | 0.125 | 4.750% | 1.125 | 5.625% | Fico<640, Fico .620 |
|
|
| 4.500% | -0.375 | 4.875% | 0.625 | 6.000% | Fico < 620 |
|
|
| 4.625% | -0.750 | 5.000% | 0.250 |
|
|
|
|
| 4.750% | -1.125 | 5.125% | 0.000 |
|
|
| tdtdtdtd
No comments:
Post a Comment