AgentIndustry News

Weak job gains impact real estate rates

But inflation looms on horizon
Published on Dec 3, 2004

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by CareyBot

Saved...saved, we were, first thing this morning.

Mortgage rates this week began their inevitable rise through 6 percent, pushed by T-bonds 4.43 percent, headed for 4.6 percent-plus...then at 8:30 EDT, flashing on traders' screens worldwide, "NOVEMBER PAYROLLS GAIN 112,000, ONE-HALF FORECAST, OCTOBER REVISED DOWN."

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