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Housing Market

June jobs report shows 57,000 payroll gain, unemployment at 4.2%

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U.S. payrolls rose 57,000 in June, with April and May revised down 72,000, and unemployment fell to 4.2% as labor force shrank.

Housing Market

Mortgage rates are headed higher as the 10-year yield surges

admin
0 45

The 10-year yield rose to 4.58% as the Iran conflict drags on, pushing mortgage rates higher and pricing in future hikes.