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Author Topic: Non-Farm Payroll Data In Today!!  (Read 3460 times)

Offline 4EEM

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Non-Farm Payroll Data In Today!!
« on: January 06, 2006, 08:04:36 am »
US December Non-Farm Payroll Data came in this morning at 108,000 new jobs vs. the markets expectation of 205,000.   ;D

Unemployment declined to 4.9% from an expected 5.00%.  This is a signal of a slowing economy.  Many experts feel that with this recent data the FED will soon stop rate hikes with this months meeting ending the 14 month tightening at 4.5%.

What does todays data mean for you the investor?

1.  If you currently have a loan in process and the rate is not yet locked today would be a good day to lock your rate.
2.  It's looking more and more like the "real estate bubble" is not going to "POP" or lose much steam this year.

Interested in understanding what effect major economic indicators have on real estate interest rates?  Drop me a line.

Regards,
Pat Lawson
Patrick S. Lawson
Highland Lending, Inc.
Phone  (407) 877-0093
Fax      (866) 476-1133

Offline 4EEM

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Re:Non-Farm Payroll Data In Today!!
« Reply #1 on: February 01, 2006, 02:09:02 pm »
I was right!
Rates are higher.
 ;D
Patrick S. Lawson
Highland Lending, Inc.
Phone  (407) 877-0093
Fax      (866) 476-1133

Offline Lendinghand

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Re:Non-Farm Payroll Data In Today!!
« Reply #2 on: February 01, 2006, 03:43:06 pm »
Pat, are you responding to your own threads?

boy, times must be bad.
Jason Vogler
Realtor - Ex Loan Guru
314-566-0919 direct

Offline 4EEM

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Re:Non-Farm Payroll Data In Today!!
« Reply #3 on: February 01, 2006, 03:45:31 pm »
LOL....It is a slow day. :-[
Patrick S. Lawson
Highland Lending, Inc.
Phone  (407) 877-0093
Fax      (866) 476-1133

Offline Lendinghand

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    • Property Investments
Re:Non-Farm Payroll Data In Today!!
« Reply #4 on: February 01, 2006, 03:47:23 pm »
yep..  same here.
Jason Vogler
Realtor - Ex Loan Guru
314-566-0919 direct

Offline 4EEM

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Re:Non-Farm Payroll Data In Today!!
« Reply #5 on: February 01, 2006, 04:01:31 pm »
It seems that when the FOMC bumps rates things get real quiet for a few days and then goes back to normal.
Patrick S. Lawson
Highland Lending, Inc.
Phone  (407) 877-0093
Fax      (866) 476-1133

 




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