What moves mortgage rates from day to day, explained without forecasts
Jobs data days
Forecast-free answer
The Bureau of Labor Statistics' monthly Employment Situation report, often called the jobs report, is usually released on a Friday early in the month. Strong job growth can push yields up on expectations of tighter policy; weak numbers can push them down. Exact dates are on the BLS release calendar.
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Practical takeaway
If your closing falls soon after a major release, the price you can lock may change that morning. Ask your lender how it handles repricing on data days.
Market questions
What time is the jobs report released?
BLS lists release times on its calendar; the Employment Situation report is typically released at 8:30 a.m. Eastern time.