Jobless Claims Take Mortgage Rates Lower

Initial claims for unemployment compensation last week fell by 1,000, yet still exceeded estimates from analysts.� Forecasts had predicted 375,000 new applicants while the actual results came in at 388,000.� Last weeks reported total new applicants was 386,000 but this was revised higher to 389,000. Economists this morning are suggesting that the jobless claims report [...]

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