Instant Analysis: March payroll report

Scott Anderson
Chief Economist
warehouse_worker

The markets got a solid and improving labor market snapshot for March, but not a blow-out payroll report as some analysts were expecting.

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U.S. Outlook: Jobs rebound, though problems remain

Scott Anderson
Chief Economist
Graph of declining labor force participation rate.

Better February job gains and a rapid decline in initial jobless claim so far for March gives a new hope and healthy boost to the recovering U.S. economy, though several labor market indicators remain weak.

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Why preapproval trumps prequalification

Karen Mayfield
Mortgage Banking
Agent showing an open house to a family.

Two terms that tend to cause confusion in the home-buying process are “prequalification” and “preapproval.” Here’s what you need to know.

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How to shop for the best interest rate

Karen Mayfield
Mortgage Banking
Woman at cafe using her laptop. (Credit: Flickr/Ed Yourdon)

What you see in advertisements is not necessarily what you’re going to get. Lenders are required to display the assumptions associated with their advertised interest rates.

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