Industry News
Mortgage Industry News
Jobless Claims Fall 3rd Straight Week
05/06/2010
Initial jobless claims fell for the 3rd straight week, continuing claims also dropped; consensus for Nonfarm Payrolls tomorrow is +190K. The ECB left rates at 1%. Right now, the futures market is pricing in a 76% chance that the Fed keeps rates at .25% through September 21st, 2010. Currently, the Ten Year yield is at 3.49% (3.55% yesterday).





