Seattle Mortgage Rates Today 10/5/12
Seattle Mortgage Rates Today 10/5/12: The Jobs Report came in lower than expectations with the creation of 114,000 new jobs. Given that this is an elections year, it’s not at all surprising that President Obama would be stating that the unemployment rate fell by 0.3% from its previous high of 8.1%. It was shown that there were almost 875,000 more people employed in the month of September. As employment numbers have been down for the past few months, they were bond to come up; however, no this much. This was a market-altering report and we have recommended a locking stance of late. Prices would have been even lower but the implementation of Quantitative Easing 3 has been aiding in keeping rates stable.