What’s Ahead For Mortgage Rates This Week – August 14, 2017
Job Openings, New Jobless Claims Rise Job openings rose in June to 6.20 million as compared to May's reading of 5.70 million job openings. Analysts said that increasing job vacancies show that employers are unable to find qualified workers. Business services, construction, health care and professional job sectors had the most job openings. Slow wage growth could be contributing to widespread job openings. Average wage growth has been running at approximately 2.50 percent, which is lower than the average of 3.50 to 4.00 percent typically seen during economic expansion. First-time jobless claims rose to 244,000 as compared to expectations of…