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Non-Farm Payrolls May 2008-April 2010

What’s Ahead For California Mortgage Rates: May 10, 2010

Mortgage markets improved to their best levels of 2010 last week, aided by events half a world away and ongoing safe haven buying. Greece’s debt problems continue to help mortgage rate shoppers around the country.

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Unemployment Rate 2007-2010

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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