Mortgage Aplications

Fundamentals 11/2: Modest Jobs Growth, Loan Apps, Fed Preview

Jobs -ADP Private jobs for October +110,000 -Previous was +91,000 vs. consensus of 100,000 –Full report Challenger Job-Cut Report -Announced layoffs for October were 42,759. -Down sharply from the previous month’s 115,730 which saw a large number of jobs lost in the U.S. Army. -Together ADP and Challenger paint a picture of modest jobs growth