What’s Ahead For Mortgage Rates This Week – October 9, 2023

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The previous week offered a blend of economic updates, covering a report on the jobs market and weekly changes in mortgage rates.

The Jobs Report Was Released
This week, the monthly jobs report was released by the United States Bureau of Labor and Statistics. It showed that the job market completely exceeded all expectations, adding 336,000 jobs during the month of September. That was far higher than the expected number of 170,000. ...

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S&P Case-Shiller Home Price Indices Show Mixed Readings in March

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S&P Case-Shiller Home Price Indices Show Mixed Readings in MarchMarch readings for the S&P Case-Shiller National Home Price Index showed that month-to-month home prices rose by 0.40 percent in March. The 20-City Home Price Index, which is considered a benchmark indicator by U.S. real estate ...

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