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Jobs Gain, Mortgage Rates Lose

On September 3, 2010 By

If the broader economic picture turns towards anything other than the worst-case projections, home values and mortgage rates should continue to rise.

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A major reason that interest rates dipped even lower last week was due to the rather disappointing jobs report.

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This week’s Interest Rate Predictions were watching today’s jobs report. First Friday of the month we get the Bureau of Labor Statistics’ “Non-Farm Payrolls” report from the prior month.

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