Today’s jobs report was a surprising twist! With only 12,000 new jobs added in October (way below expectations) and downward revisions for the past two months, the numbers aren’t looking as strong as the narrative suggests. Plus, the real unemployment rate might be higher than what’s reported. This data might just keep the Fed on track for a rate cut next week.
Have questions about buying, refinancing, or tracking your mortgage rate in California?
Call or text 925-885-1919, request a video or phone appointment, enroll in free RateAnalyzer rate monitoring, or start our Quick Application.
Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate