These Rates are Incredible

Take a look at the 30 year fixed conforming and high balance loans. Wow.

Even jumbos this week are so low we can’t believe it. These are rates we have never been seen before, at least not in the past 23 years.

Treasuries surged today as investors changed their focus from company earnings to economic data, including the governments lower than expected monthly jobs report. A closely watched monthly employment report from the government showed the U.S. economy shed 131,000 jobs in July.

It was an improvement from the revised loss of 221,000 jobs in June, but a much deeper hit than economists had expected for the month.

The report also showed the private sector increased payrolls by 71,000. Small business owners anybody????? It is the heart of America.

Thank you!