We’re starting the day with oil prices lower, stocks higher, and mortgage bonds improving , all positive signs for interest rates this morning.

The BLS Employment Report showed 115,000 jobs created versus expectations of 62,000, which the markets are taking as encouraging news overall. That said, the BLS data is survey-based and tends to be more volatile than the ADP payroll data, which is based on actual payroll processing.

So while we’ll take the positive headline, it’s probably best viewed with a small grain of salt.

For now, improving energy prices and stronger bond performance are helping mortgage rates move in the right direction.

National Average mortgage rates below.

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