Mortgage Secrets…Learn What the Experts Say

The ADP Employment Report for July was released this morning, and the findings came in at a surprising gain of 9,000 jobs created in July when the estimates called for a loss of 60,000. After factoring an average of 20,000 new government jobs typically added, the ADP report suggests Friday’s official release may come in somewhere around 30,000 new jobs created - and at the moment, economists are expecting Friday’s official Jobs Report to show a loss of 70,000 jobs. On the news, Mortgage Bonds, which had already opened lower, added to their losses.