Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data Up, Up, Up! Mortgage rates moved higher Wednesday as congressional leaders voted to avoid the “Fiscal Cliff”. Mortgage-backed securities (MBS) fell as investors bid up stock prices. Confidence among investors and consumers typically causes mortgage rates to rise. That’s what happened Wednesday. For Thursday and Friday, expect jobs …
How To Make An Emergency Preparedness Kit For Your Home
Emergency Preparedness Kit For Your Home Some natural disasters can be forecast — hurricanes, snow storms and, in some cases, flooding. Other disasters occur unexpectedly, such as tornadoes and earthquakes. As a homeowner or renter in Nixa , it’s a safe idea to prepare for disaster or unexpected emergency. Every home should maintain a ready, …
27 Months Of Consecutive Job Growth Helping Home Prices Rise
27 Months Of Consecutive Job Growth Helping Home Prices Rise The Bureau of Labor Statistics (BLS) Non-Farm Payrolls report for December exceeded Wall Street’s expectations by 5,000 net new jobs, showing 155,000 positions created in December. The December tally raised the economy’s 12-month total to 1.84 million net new jobs created nationwide. Jobs added in …
What’s Ahead For Mortgage Rates This Week : December 31, 2012
Mortgage Rates Mortgage bonds improved last week, pushing mortgage rates lower in Arkansas, Missouri and nationwide. Positive economic news and strong housing data was trumped by ongoing Fiscal Cliff discussions on Capitol Hill. The “Fiscal Cliff” is meant to represent January 1, 2013 — the date on which mandatory spending cuts are enacted by Congress …
5 Reasons Why Housing Will Be Stronger in 2013
The housing market is finally making a comeback. After a long crisis that got worse with the recession, the market looks to be growing to the point that it’s helping out the nation’s economy. For one, people are starting to venture out in search for homes again. Since the economy is picking up again, there …
