Job growth boomed in March at the fastest pace since last summer, as stronger economic growth and an aggressive vaccination effort contributed to a surge in hospitality and construction jobs, the Labor Department reported Friday. Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.
Mortgage applications to purchase a home fell 2% for the week, but are 39% higher than a year ago. Record-low inventory is pushing home-price growth even higher. The housing market is in desperate need of more inventory to cool price growth and preserve affordability.
The Fed will not be purchasing mortgage-backed-securities today while the bond market is on a shortened day due to observing Good Friday.
With interest rates still at multi-year lows, lock rates are recommended for approved files, as well as paying attention to the market. |
劳工部周五报道,由于强劲的经济增长和积极的疫苗接种努力,三月份的工作增长以自去年夏天以来最快的速度增长。当月非农就业人数增加了916,000,而失业率降至6%。
购房抵押贷款申请量下降了2%,但较去年同期增加了39%。创纪录的低库存正在推高房价增长。住房市场迫切需要更多的存货,以冷却价格上涨并保持可负担性。
由于耶稣受难日的遵守,今天债券市场在缩短的一天中,美联储将不会购买抵押贷款支持的证券。
由于利率仍处于多年低点,建议对已批准的贷款申請锁定利率,同时要注意市场變化。 |
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