Against a consensus forecast of 170,000, the economy added 236,000 jobs in February, which is great news for the economy, but bad news for mortgage-backed securities. MBS hit lower levels on Friday due to the unemployment rate dropping.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
