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