Jobs Report Signals Stability: Your Guide to Smarter Homebuying Decisions!
A Surprise Opening: Stability in a Crazy Market
If you’re keeping an eye on interest rates and wondering whether they’re about to spike — here’s the good news from your local Vancouver, WA mortgage broker Bill Black with Team Black: "the latest jobs report didn’t send mortgage rates skyrocketing".
That could mean a smart window for buyers and investors in Southwest Washington- NAR reported 14% increase next year"
📊 Jobs Report Is In — And Here’s What It Means for Your Mortgage Strategy
We got a jobs report today that did exactly what I don’t like in lending… it told two different stories at once.
Quick Snapshot
- 119,000 new jobs added (forecast was around 50,000)
- Unemployment climbed to 4.4%
- Last month’s data got revised down
So what does that mean for mortgage rates?
👉 More jobs = pressure for rates to rise
👉 Rising unemployment = pressure for rates to fall
In the end?
🟡 The push and pull evened out, and rates stayed steady.
☕ Explained Like We’re Standing Outside Relevant at Coffee in Felida
Picture mortgage rates like a seesaw down on the Columbia River Waterfront.
- Strong economy → seesaw tips up → rates rise
- Cooling economy → seesaw tips down → rates fall
- Today? It got nudged both ways… and stayed level.
That’s welcome news if you’re planning to buy in Camas, Brush Prairie, Ridgefield, Vancouver—or you’re analyzing investments across Southwest Washington.
💡 Why Rates Didn’t Jump (Even Though Lenders Were Ready To)
Yesterday, the bond market was signaling that lenders should’ve raised rates this morning.
But then:
- The jobs data softened Wall Street’s reaction.
- A pullback in the stock market sent investors toward safer assets (bonds), easing rate pressure.
🎯 End result: Rates held steady. A brief window of stability in a volatile market.
📍 What Clark County Buyers & Investors Need To Know
| Takeaway | Why It Matters |
|---|---|
| Rates are stable (for now) | Good time to lock—especially with assumable or rate-sensitive strategies |
| Unemployment up | Fed watches this closely; could lead to future cuts |
| Bond market supportive | No immediate spike expected |
| Market window is brief | Smart investors act before rates swing again |
🔑 Local investment perspective:
Whether you’re using assumable loans in Vancouver, WA, structuring a DSCR loan, or running numbers on a duplex or multifamily—small rate movements change your cash flow, cap rate, and exit strategy.
My coaching to clients:
“You don’t wait for perfect—you move when the deal pencils and financing aligns.”
📅 What’s Next to Watch
- 📈 Upcoming jobs data (more seesaw action)
- 🛒 Inflation updates (CPI, PCE)
- 🧠 Fed announcements or major bond issuances
- 🏡 Clark County housing data: median price hovering around $545,000, and days on market slowly increasing
🔻 Bottom Line
This jobs report brought just enough “good” and “not-so-good” to keep rates level.
If you’re working with me as your Vancouver, WA Mortgage Broker—whether it’s:
- Buying your first home in Fisher’s Landing
- Refinancing in Felida
- Or acquiring multifamily units in Kelso or Vancouver…
👉 This is a window worth taking advantage of.
📞 Ready to Talk Strategy?
Let’s look at your plan before rates shift:
➡ Book a strategy call:
➡ Connect with my Realtor partner, Kelyn Black:
Whether it’s homeownership, scaling investments, or using assumable or DSCR loan structures—I’ll help you execute with confidence.