PIN IT

6/06/2016

Dismal Jobs Report Delivers Low Mortgage Rates



Dismal Dark Dingy and Dank May Jobs Report delivers a few pine cones.

Worry will my son coming home from college work fast food?
Or Engineering Student Seeks Summer Job in Dismal Job Market.
Good news is mortgage rates love bad news. Rates fall! Hurry get your refinance application in now!

With the U.S. economy only adding 38,000 jobs in May vs. the 168,000 economists forecasted, we've seen a swift shift in what to expect from the Federal Reserve following their meeting later this month.

Janet Yellen backs down!  No rate hike happening before Christmas. 
Worst report since 2009 after the crash
What will the Fed do now?