| Feb 4, 2011 4:40PM It finally happened. The range has been officially broken. In the wrong direction..... The RANGE that has been the topic of so much conversation here has finally been broken. Over the past 6-8 weeks, we've sat through an extremely stagnant market in terms of mortgage rate movements. The only volatility we've experienced was seen in the closing costs associated with obtaining a "Best Execution" mortgage rate. Through all that time, it was 4.875, more than any other note rate, that emerged as the ... Feb 4, 2011 8:38AM The Employment Situation Report has been released. Excerpts from the Release.... The unemployment rate fell by 0.4 percentage point to 9.0 percent in January, while nonfarm payroll employment changed little (+36,000), the U.S. Bureau of Labor Statistics reported today. Employment rose in manufacturing and in retail trade but was down in construction and in transportation and warehousing.Employment in most other major industries changed little over the month. The average workweek for all employees...
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