Jobless Data and Rally in Stocks Reverse Course of Record-Low Rates

Relatively favorable jobless claims and a rally in the stock market early Thursday reversed the course of mortgage rates, causing them to bounce back from what Freddie Mac’s latest weekly survey confirms have been a record lows.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_408/jobless-data-rally-stocks-reverse-record-low-rates-1026083-1.html

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