This morning, the Job Openings and Labor Turnover Survey (JOLTS report) was released by the Labor Department. It revealed that the labor market wasn’t running as hot as it was previously, leading to a nice drop in the 10-year treasury bond yield. As a result, long-term mortgage rates, which track bonds like the 10-year, should… Read More »Why Are Lower Job Openings Good for Mortgage Rates?
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