Not only did the number of non-bank mortgage jobs expand on a monthly basis, but a weak overall jobs report has bond yields — and potential home loan rates — lower today.
Headcount among all U.S. nonfarm industries concluded March at 148,230,000 people, according to data reported Friday by the Bureau of Labor Statistics.
That was an increase of 103,000 jobs compared to the preceding month — an anemic showing compared to the upwardly revised 326,000 jobs added in February.
Source: Mortgage Daily
