How Did Mortgage Rates Respond to The Jobs Report?
2012-01-07 ? mortgagenewsdaily.com
"Mortgage Rates are simply on a tear... New records were set yesterday and again today--granted, by only small margins each time and only with respect to borrowing costs. The actual interest rates that constitute the best combination of monthly payment and fees for the best-qualified borrowers planning on keeping their home/mortgage an average amount of time have not changed. But if it weren't for the widespread phenomenon of lenders pricing in the effects of the tax cut extension, rates would be even lower."
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