A strong employment report has already driven up interest rates. Despite the strength, the number of non-bank mortgages jobs declined by nearly 4,000 positions.
Among all U.S. industries, there were 148.177 million nonfarm jobs as of Feb. 28, according to data reported Friday by the Bureau of Labor Statistics.
That turned out to be a whopping 313,000 more jobs than the prior month. Job growth expanded from an upwardly revised 239,000 positions added in January.
Source: Mortgage Daily