Mortgage Rates 2010
3 January 2010
Both the bond and the stock market closed out the year 2009 down, with bonds down 20/32 and the Dow down 42 points. Mortgage rates will likely increase today by a quarter of a point.
The year ended with Unemployment claims coming in far short of the expected level, suggesting some improvement in the job market.
The year 2010 will open with the ISM Manufacturing index report.
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