AgentIndustry News

Where are mortgage rates headed?

Commentary: Jobs report to shed light on economy, inflation
Published on Dec 31, 2007

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by CareyBot

An inflation-inspired popup in rates is reversing on news of a weakening economy. Mortgages are still above 6 percent (they touched 6.25 percent at Christmas Eve worst), and markets will now hold until the release of all-powerful payroll numbers on Friday, Jan. 4.