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Business

Mortgage rates spike after stronger-than-expected jobs report - CNBC

The average rate on the 30-year fixed mortgage is now 6.53% according to Mortgage News Daily.

By: CNBC
  • Oct 05 2024
  • 0
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The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government's monthly employment report. The rate is now 6.53%, according to Mortgage … [+1759 chars]
Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake' - Fox Business
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How did 50K dockworkers strike at US ports with only 25K jobs? - New York Post
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