http://www.mortgagenewsdaily.com/07022009_the_day_ahead_markets_hesitant_ahead_of_employment_data.aspMarkets are edging lower ahead of the 8:30 release of Nonfarm Payrolls. A lot is hanging on this report as many forecasts for the economy are dependent on the direction of the labor market. Many look for signs of stabilization after last month’s downsideenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/07022009_the_day_ahead_markets_hesitant_ahead_of_employment_data.asp#89093Thu, 02 Jul 2009 12:48:04 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:89093Ryan Guess467,000 job losses and a 9.5% unemployment rate. Looks like MBS are going to start off in the right direction.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=89093" width="1" height="1">