“While the national delinquency rate inched up to 2.9%, it remains below December’s peak of 3.2%. Meanwhile serious delinquencies continue to move within a narrow band between 0.8% and 1%.” --Molly Boesel, senior principal economist at Cotality

The Bureau of Labor Statistics released August jobs data Friday morning, finding that total nonfarm payroll employment ticked up by 22,000, and the unemployment rate is little changed at 4.3%.

Job growth slowed to just 22,000 jobs in August and estimates for the prior two months were revised down by 21,000.