According to the government, 95,000 jobs were lost in September. Economists expected a net loss of 5,000. Mortgage rates should improve on the data today.
The recent rise in mortgage rates was slowed this week after the government released its Retail Sales report for August.
CNNMoney.com recently ran a piece titled “Where Homes Are Affordable”, listing 25 communities around the U.S. in which median incomes are relatively high and median homes are relatively low. It’s a housing market “bank for your buck” list.