Rates fall on lousy jobs report

Rates Fall Lousy Jobs Report - Politics, Business, Civil, History - Posted: 6th Jun, 2010 - 4:02pm

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Post Date: 6th Jun, 2010 - 4:02pm / Post ID: #

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Rates fall on lousy jobs report

Rates fall on lousy jobs report
Mortgage / Home Buyer News

Mortgage rates have fallen following the release of a disappointing employment report for May. Yields on mortgage bonds have fallen about one-eighth of a percentage point today, which is likely to correspond to a similar decrease in the rate for the 30-year fixed. The impetus is the tepid May employment report, which was released this morning. Nonfarm
Source: Bankrate.com » Mortgages

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