Mortgage rates stand still after bad jobs report

Mortgage Rates Stand Bad Jobs Report - Politics, Business, Civil, History - Posted: 2nd Jul, 2010 - 4:02pm

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Post Date: 2nd Jul, 2010 - 4:02pm / Post ID: #

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Mortgage rates stand still after bad jobs report

Mortgage rates stand still after bad jobs report
Mortgage / Home Buyer News

The June employment report was bad. The effect on mortgage rates has been minimal. The implication is that mortgage rates simply don't have much more room to fall. Nonfarm payrolls fell by 125,000 jobs in June, about 25 percent worse than expected. In my opinion, the more ominous news was about hourly earnings and the average
Source: Bankrate.com » Mortgages

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