| Friday, July 3rd, 2009
Unemployment report data has cast a negative shadow over the stock market as the report shows 467,000 jobs lost in June, much worse than the expected 365,000. The unemployment rate has reached 9.5%, the highest rate since 1983. With overseas markets struggling already, losses look considerable for the stock market. However, treasuries and bonds see strength as investors look for other places for their money before the holiday weekend. Mortgage rates were better on Thursday by 0.125 to 0.25 in price from Wednesday’s midday improvement. Market information provided by: 
Chris Fortin For more information on home financing, visit my Albuquerque Mortgage Page. |
Ashley Drake Gephart |
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