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MORTGAGE RATES

All Tags » federal reserve » interest rates » unemployment (

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Economists Say Huge Drop in Nonfarm Payrolls Could Force Fed to Cut Rates

Economists say the larger-than-consensus decline in employment in September is further evidence of broad-based weakness in the economy, and there are no indications that job losses will ease anytime soon. As a result, many are saying the Federal Reserve should cut the target interest rate. U.S. nonfarm...

Posted to MND NewsWire by CEP News Feed on Fri, Oct 3 2008
Filed under: Filed under: Federal Reserve, interest rates, unemployment

Page 1 of 1 (1 items)

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Two Brits were playing chess. Liam said to John, "Hey, do you want to make this more interesting?" John said, "Sure." So they stopped playing. One thing...

Mortgage Rates:

30 Yr FRM 3.88%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%

MBS Prices:

30YR FNMA 4.5 106-17 (-0-03)
|
30YR FNMA 5.0 107-31 (-0-02)
|
30YR FNMA 5.5 108-30 (-0-00)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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Browse Blog Posts by Tags

Economists Say Huge Drop in Nonfarm Payrolls Could Force Fed to Cut Rates

More From MND