Friday, November 2, 2012
Subject : Daily Rate Update: Mortgage Rates Mixed Following Employment Report
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Nov 2, 2012 2:09PM
Mortgage rates were slightly higher in some cases but generally held up surprisingly well after today's Employment Situation Report showed a higher-than-expected amount of job creation in October. Trading in the secondary mortgage market was negatively affected at first, but bounced back throughout the day . Many lenders are in line with yesterday's rate sheets. Others moved slightly higher with the morning's first rate sheets and have not yet released a revised rate sheet this afternoon. The result...
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