| Jun 1, 2012 2:51PM Mortgage Rates fell decidedly to new all-time lows today after a much weaker-than-expected Employment Situation Report. Because of today's movement, Best-Execution rates for 30yr Fixed Conventional loans have fallen to 3.625% from the 3.75% level they only recently attained. Until recently 3.875% was the long-standing floor for Best-Execution rates with only a few brief glimpses of 3.75% (Read More: What is A Best-Execution Mortgage Rate? ) As we noted yesterday (Get Caught Up With: Yesterday's Post... Jun 1, 2012 9:48AM Normally, the recap of the morning's economic data comes out in the MBS Mid-Day commentary shortly after 11am, and while most of the data below will be in that recap, we wanted to share it a bit earlier than normal due to the big miss and concomitant big movements in bond markets. We still have ISM data and Construction Spending coming up in moments, but here's a look at the 8:30am NFP data and the market reaction: * NFP +69k vs +150k expectations * Previous NFP revised from +115k to +77k * March...
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