Mortgage Stance, Lock or Float?

    The Labor Department reported this morning that employers added far less jobs than expected in December and well below expectations.

    The Unemployment Rate fell to the lowest level since November of 2008, but that can be partly attributed towards a big reduction in the workforce.

    The report was weak and shows that the labor market still has some hurdles to jump over.

    We are recommending to carefully float on any new transactions. If anything changes, we will update the blog.  Have a great weekend!

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