Friday, November 5, 2010

Jobs report was very good this month bad for Wisconsin mortgage interest rates.

Jobs report was released with expectations of 60,000 new jobs being created. The number came in at 151,000 new jobs created. This is great news for the economy and those who are unemployed. The bad news is as a result mortgage bonds are trading quite a bit lower on the news and interest rates are starting to rise. Wisconsin mortgage interest rates are still trading at historically low levels.

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