Will the 4th of July Holiday Weekend affect rates at all?

It's not Holiday's that move markets, it financial news.. on Friday, the job's reports came out and although it was smoke and mirrors, (We added 195K jobs, but unemployment stayed at 7.6%??) the market responded very positively, and rates went up sharply in just that one day.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

the 4th didn't have anything to do with the rates. The jobs report moved the market such that rates jumped at an all time clip! That said overall rates are still very low historically.Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation ask for Michelle or Benny. We will find the Best Mortgage Option to suit your needs! Check us out at www.BestMortgageOption.comAsk us about the awesome discounts we offer heroes as a Homes for Heroes affiliate!

The Jobs report was the huge factor that caused rates to spike.

Any extended weekend always has a minor play in the markets as the offices of bond market and stock market players are 1/2 empty. The big guys all left early, leaving only the less senior players... Last Friday, when the good job numbers came out, we clearly saw rates move higher as one would expect. But was part of this big move an overreaction by less experienced players??? Today, everyone was back in the office, and we saw rates come back down a little. A little more common sense prevailed???

The holiday did not affect the rates but rather the jobs report which came out on July 5th. The jobs report was positive, higher than economists expected. This led to rates jumping quite significantly on the day.

The holiday did not affect the rates but rather the jobs report which came out on July 5th. The jobs report was positive, higher than economists expected. This led to rates jumping quite significantly on the day.

No. Not in and of itself. It's not the particular Day that makes the market, It is the Market that makes the Day.

It is usually a jobs report that is moving the rates these days. Jobs report was positive and thus the interest rates had a minor spike. This trend could keep increasing as the economy is increasing. Overall I believe we are all feeling like it is getting better. It didn't happen overnight like everyone wanted but realistically we may be getting out of the hole we dug. Temporarily. If you have any other questions or concerns please give me a call or email. Thanks Paul! 760-616-1882. david@crossroadsfunding.com www.homeloansbydavidsanders.com

Probably not. The markets will not be trading that day so they will most likely not move. There was a pretty serious move in rates on Friday, July 5th but it can be attributed to the fact that the jobs numbers came out and came in higher than economists expectations.

It's not Holiday's that move markets, it financial news.. on Friday, the job's reports came out and although it was smoke and mirrors, (We added 195K jobs, but unemployment stayed at 7.6%??) the market responded very positively, and rates went up sharply in just that one day.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

No but they markets did change last Friday and then changed today just like they do everyday.

The rate change was due to the jobs report.

no

No.