Mortgage Rates following a Dismal Jobs Report
This mornings Jobs Report was ugly. 240,000 non-farm jobs lost in October (higher than the expected 200,000) and unemployment at 6.5% ... with a sales price of $500,000 and a loan amount of $400,000. Rates are priced based on a low-mid credit score ... . Equally bad are the revisions to August and September's figures reflecting additional losses [more...]
Date: 2008-11-07 16:48:53
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Friday’s Rates on Thursday
Huh? Since tomorrow is Independence Day, the bond markets will be closed…so I thought I would provide you with mortgage rates on today ... with a minimum credit score of 720, “full doc” purchase with a sales price of $500,000 and a loan ... %. Rates should be doing great with all this bad news, right? Not so fast! It seems as though Wall Street [more...]
Date: 2008-07-03 18:00:27
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