Jobs Report: Fixed mortgage rates plummeted this week following the release of disappointing employment data for March.
“Mortgage rates have now fallen four consecutive weeks,” Bankrate noted in a release. “The pullback started with the banking crisis in Cyprus, continued with a run of uninspiring U.S. economic data, and picked up speed with the weak jobs report. But as the sting of the lousy jobs report slowly wears off, we’ll likely see mortgage rates crawling back over the coming week.” See Rates ...
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